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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.
TAMPA, FL-Bay Communities, a private investment group, pays Internacional Reality $173,333 per unit for the 315-unit, eight-year-old, 95%-lease apartment community in the Tampa Palms submarket.
TAMPA, FL-Bay Communities, a private investment group, pays Internacional Reality $173,333 per unit for the 315-unit, eight-year-old, 95%-lease apartment community in the Tampa Palms submarket.
MIAMI-The office space provider inks a lease for 22,526 sf at 1111 Brickell Ave. for just under $30 per sf and a 10-year direct lease, valued at $12.1 million, for 48,362 sf in Waterford at Blue Lagoon.
NAPLES, FL-The bi-level store will be the fashion retailer's first step into Southwest Florida. Meanwhile, Saks plans to add 20,000 sf to its 47,000-sf store in the 260,000-sf mall. Both could be complete by fall 2007.
NAPLES, FL-The bi-level store will be the fashion retailer's first step into Southwest Florida. Meanwhile, Saks plans to add 20,000 sf to its 47,000-sf store in the 260,000-sf mall. Both could be complete by fall 2007.
TAMPA, FL-After 8.5 years of ownership, Georgia-based H & G Limited Partnership sells four Tampa Bay area properties to West Palm Beach-based Woodland Group of South Florida Inc. for a below-replacement cost of $53,486 per unit.
TAMPA, FL-After 8.5 years of ownership, Georgia-based H & G Limited Partnership sells four Tampa Bay area properties to West Palm Beach-based Woodland Group of South Florida Inc. for a below-replacement cost of $53,486 per unit.