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TAMPA, FL-Vacancy is down a full percentage point from mid-year 2004 even as two million sf of new product is under construction in the area's six main submarkets, according to separate new analyses by Colliers Arnold and CB Richard Ellis Inc.
TAMPA, FL-Vacancy is down a full percentage point from mid-year 2004 even as two million sf of new product is under construction in the area's six main submarkets, according to separate new analyses by Colliers Arnold and CB Richard Ellis Inc.
TAMPA, FL-Meridian Land Co. pays Stellar Advisors of Rockville, MD a below-replacement price of $48,515 per unit for the 202-unit, 96%-leased property at 10103 Sherwood Lane in suburban Brandon.
MIAMI-Theodore Carter, former CEO of Washington, DC-based National Capital Revitalization Corp., heads CB Richard Ellis' South Florida offices. Scott Sime becomes managing director in Downtown Miami, while Steven Gomez takes his place in West Dade.
TAMPA, FL-Town and Country Holdings LP of Minnesota sells its 32-year-old, 202-unit, 85%-leased property at 5500 Webb Road to Tampa-based Town and Country Apts. LLC for $47,030 per unit.
TAMPA, FL-The locally based tractor-trailer-freight brokerage company will be taking 52,776 sf for an estimated five years at the three-story, 99,094-sf Highland Oaks III office building in the Interstate 75 corridor. The spec-built structure, being developed by Duke Realty LP, is scheduled to open in summer 2006.
AURORA, CO-ProLogis, the nation's leading industrial REIT, reports that markets for distribution spaces continue to improve. According the company's latest US Property Market Review, most of the nation's top distribution markets are experiencing declining vacancy rates and stabilizing rents.
TAMPA, FL-The second largest office market in Florida, after Miami, posts its best overall vacancy level since 2001. Class A vacancy is also at 11.5%, the lowest since 2000, according to a new analysis by the Tampa office of Colliers Arnold.
TAMPA, FL-With C&W's Tampa office only since February 2004, Jennifer Patterson is responsible for agency leasing and property management of properties owned by Zell Holdings Inc. Zell Holdings is not related or affiliated with Chicago-based Sam Zell's Equity Office and Equity Residential holdings.
TAMPA, FL-The locally based healthcare provider signs an estimated $20-million office lease for an estimated 10 years at the five-building, 71-acre Renaissance Park. WellCare Health Plans Inc. is fully occupying three of the five buildings.