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HOUSTON-Weingarten Realty Investors ends last year on a disposition and acquisition spree that involves 10 retail and five industrial properties in the US. The buying spree costs $92.9 million while the selling spree reels in $37.9 million.
TAMPA, FL-G&A Development pays BWP Inc. $16 million or for the 224-unit Bloomingdale Woods Apartments in suburban Valrico. Westgate RE LLC acquires the 32-unit Westgate Apartments from CF Investments Inc. for $2.14 million.
TAMPA, FL-Scott Peek, former executive vice president of Tampa-based DeBartolo Property Group, corrals top national players to run with him at Pinnacle Realty Advisors in suburban Ybor City.
DAYTONA BEACH, FL-DeBartolo Development Corp. buys the tract from Homes of Merit Inc. for $4.64 million. The land is near the 1,150 acres acquired in 2004 by Morgan Stanley and Gale & Kitson for $18 million.
PALM HARBOR, FL-John M. Crossman, senior vice president of retail and a principal in Trammell Crow Co.'s Orlando office, tells members attending the International Council of Shopping Centers' annual West Coast Idea Exchange investors see the west coast of Florida as an under-retailed growth area.
PALM HARBOR, FL-Investors see the west coast of Florida as an under-retailed growth area. That's what Trammell Crow's John M. Crossman told members attending the International Council of Shopping Centers' annual West Florida Idea Exchange.
MIAMI-The Boston-based company picks up a 471,000-sf Florida portion of the Scheck Family 727,189-sf industrial portfolio for $18.5 million. The facilities here and in Tampa and Orlando are fully leased to Lagasse Inc.
JUPITER, FL-WCI Communities Inc. of Bonita Springs sells the class A property within the $250-million Jupiter Yacht Club development for a premium $249.15 per sf.
MIAMI-BankAtlantic adds a $350,000-lease buyout to its $2-million acquisition of a former Miami Subs location. A 6,600-sf strip in Coral Springs trades for $164.39 per sf, while a plaza in Fort Myers commands $70.46 per sf.
MIAMI-BankAtlantic adds a $350,000-lease buyout to its $2-million acquisition of a former Miami Subs location. A 6,600-sf strip in Coral Springs trades for $164.39 per sf, while a plaza in Fort Myers commands $70.46 per sf.