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FORT MYERS, FL-This 38.8-acre, 39-building multifamily complex, nicknamed "the island," represents one of the five largest condo conversion opportunities in the state to date, according to a Florida multifamily analyst. The price will be dictated by the buyer.
MIAMI-Kirk Felici moves from the Fort Lauderdale office to head the new unit here at 5201 Blue Lagoon Dr. It opens with a staff of 30 and becomes the Encino, CA-based brokerage firm's fifth Florida location.
TAMPA, FL-Christopher Butler and Chad Rupp, former brokers with CLW Real Estate Services Group in Tampa, are co-principals of the new office. They will report to Mark Stratman, the firm's Central Florida area managing principal based in the Orlando office which opened in 2001.
TAMPA, FL-Magna II LLC of Ontario, CA pays Cincinnati-based Matrix Country Crossing LLC $44,181 per unit for the 98%-occupied apartment community in the Northeast-Temple Terrace submarket.
ORLANDO-The New York-based financial services company pays an affiliate of Illinois Tool Works Inc. $57 million for the 17-year-old, 147,214-sf Crossroads at Lake Buena Vista directly across the entrance to Walt Disney World at State Road 535 and Interstate 4.
ORLANDO-The New York-based financial services company pays an affiliate of Illinois Tool Works Inc. $57 million for the 17-year-old, 147,214-sf Crossroads at Lake Buena Vista directly across the entrance to Walt Disney World at State Road 535 and Interstate 4.
ORLANDO-The New York-based financial services company pays an affiliate of Illinois Tool Works Inc. $57 million for the 17-year-old, 147,214-sf Crossroads at Lake Buena Vista directly across the entrance to Walt Disney World at State Road 535 and Interstate 4.
RALEIGH, NC-A joint venture of Orlando-based Capital Partners Inc. and Lehman Brothers acquires 2.4 million sf in 38 office buildings and 30 acres of excess land. The properties average 17 years old, have an average vacancy of 24% and generate yearly cash net operating income of $16.8 million.