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ORLANDO-After 21 years, the Department of Veteran Affairs once again is scouting Central Florida for a planned 120-bed hospital, 60-bed assisted living facility, a veterans' nursing home and a benefits center to be developed on about 100 acres.
ORLANDO-After 21 years, the Department of Veteran Affairs once again is scouting Central Florida for a planned 120-bed hospital, 60-bed assisted living facility, a veterans' nursing home and a benefits center to be developed on about 100 acres.
ORLANDO-The average price for the five-building package equates to $61 per sf, far below replacement cost, Tower Realty partner Reid Berman tells GlobeSt.com. The properties are all in the 90%-plus occupancy range. The seller was Adler Group Inc. of Miami.
ORLANDO-The average price for the five-building package equates to $61 per sf, far below replacement cost, Tower Realty partner Reid Berman tells GlobeSt.com. The properties are all in the 90%-plus occupancy range. The seller was Adler Group Inc. of Miami.
CONNERTON, FL-The estimated $6-million project on US 41 at Pleasant Plains Blvd. is planned near the estimated $75-million, mixed-use Connerton community being developed by Terrabrook. The site is in south-central Pasco County.
TAMPA, FL-Tarragon South Development pays Preserve at Tampa Palms LLC $58.5 million for the 378-unit Preserve at Tampa Palms. Naples Realty Group LLC buys 228-unit Hawthorne Place in suburban Brandon from GDC Properties Inc. for $22.25 million.
TAMPA, FL-ER InvestmentsLLC of Miami pays Atlanta-based Miles-Society Park LLC $15.8 million for the 324-unit garden-style apartment community at 6919 Bonair Dr.
NEW YORK CITY-Studley's Third Quarter Market Report also finds the national office market continues to recover as it moves toward equilibrium. Dallas/Fort Worth, Atlanta and Denver remain the softest markets, according to the firm.
NAPLES, FL-In evidence that the condo conversion craze is moving west, the nine properties aggregating 2,326 units sell within 16 days in separate transactions. Among them is Malibu Lakes, which commands $233,146 a unit, the highest per-unit price ever paid here.