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ALTAMONTE SPRINGS, FL-James P. Michalak, the senior director of the Capital Markets Group in the Tampa office of Cushman & Wakefield of Florida Inc., brokers the $19.5-million sale of the 93%-leased retail property at 995 State Road 434.
ALTAMONTE SPRINGS, FL-James P. Michalak, the senior director of the Capital Markets Group in the Tampa office of Cushman & Wakefield of Florida Inc., brokers the $19.5-million sale of the 93%-leased retail property at 995 State Road 434.
NORTH MIAMI BEACH, FL-While net income dropped to $28 million versus $30.7 million in third quarter 2004, funds from operations rose to $32.9 million, compared with $28.1 million. The "tussle" to gain control of Dim Vastgoed continues.
ARLINGTON, VA-One-time charges and a drop in straight-line rents impacted the REIT's NOI and FFO. Some of the charges are related to the modification of five skate park leases at some of its centers due to an ownership change as well "as an increase in bad debt reserves due to changes in the estimated collectability of certain accounts receivable," says the company's quarterly SEC filing.
SURPRISE, AZ-Mountainside Fitness Center's owner and two development pros begin work on an $8-million prototype center for a plan to build up five facilities per year. The fitness center will fill 40,000 sf and 15,000 sf of inline will go to complementary retail.
SURPRISE, AZ-Mountainside Fitness Center's owner and two development pros begin work on an $8-million prototype center for a plan to build up five facilities per year. The fitness center will fill 40,000 sf and 15,000 sf of inline will go to complementary retail.
DALLAS-Jones Lang LaSalle in a recent third-quarter report, projects that by 2008 Dallas will have the nation's highest office vacancies out of 17 major markets.