NAPLES, FL-The holder of the Southwest Florida franchise for the barbeque restaurant company pays $3.7 million for a vacant parcel at Pine Ridge Road and Whippoorwill Lane. The Minnesota-based company plans to build a 7,000-sf restaurant on the site.

PONTE VEDRA BEACH, FL-Hall of Famer Phil Esposito, who set scoring records in the National Hockey League from 1963 to 1981, has a new job. The former professional athlete has been tapped by the locally based mortgage company to serve as as a mortgage origination specialist. The move is part of sports-themed marketing plan.

DALLAS-Cobalt Capital Partners' institutionally funded, private REIT gets an 82%-leased package of 10 light-industrial buildings from Cohen Asset Management. If market sources are right, the portfolio is handed off for roughly $35 per sf.

ORLANDO-A variety of projects are getting funding from an equal number of sources. From $180 million for GREC Conversions' acquisitions in Orlando, Tampa and West Palm Beach to $57.6 million to Sun Vista Development's planned acquisition, the multifamily funds are flowing.