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TAMPA, FL-Ybor City Tarragon LLC, a unit of Orlando-based Tarragon South Development Corp., buys the three-year-old, 454-unit Camden Ybor City property for $135,462 per unit.
MIAMI BEACH, FL-Following charges by the service employees union against the condo management company alleging it illegally thwarts union organizing efforts, the National Labor Relations Board issues a complaint, but delays a hearing in the face of Continental's counter charges.
FORT MYERS, FL-Sunset Pointe at Ft. Myers LLC pays Tampa, FL-based Kenwood Park Apartments LLP $8 million or $76,923 per unit for the 104-unit, 31-year-old property off College Parkway, a major east-west thoroughfare south of Downtown Fort Myers that leads into Cape Coral, FL.
FORT LAUDERDALE, FL-Stearns Weaver Miller Weissler Alhadeff & Sitterson relocates from 11,000 sf at Wachovia Center to the 21-story landmark. The average asking rental rate for class A space in the downtown submarket is $26.08 per sf.
TAMPA, FL-The Uniondale, NY-based mortgage banker provides a seven-year, $7.65-million loan to the 244-unit Forest Place apartments here at an initial interest rate of 3.79% under its Arbor 85 Preferred program introduced in March.
DALLAS-Seeding the play with 21,560 recently bought units, the Milestone Group sets up a new management company to lead the blended portfolio and take on third-party assignments. The next step is a property-by-property review for a big-ticket repositioning.
ATLANTA-Post Properties, traditionally a developer and manager of apartment communities, is transforming the 19-story landmark Post Peachtree high-rise building into a 121-unit condominium complex. The move is the firm's first condo conversion in the Atlanta region.
ATLANTA-Post Properties, traditionally a developer and manager of apartment communities, is transforming the 19-story landmark Post Peachtree high-rise building into a 121-unit condominium complex. The move is the firm's first condo conversion in the Atlanta region.
WHITE PLAINS-Trump Organization executive vice president of construction Andrew Weiss said that the Trump Tower at City Center high-rise condominium project here, which is under construction, has exceeded its expectations and is approximately 95% sold out.
ORLANDO-Broker Laura Malone of Staubach Co.'s Orlando corporate services division, negotiates for the tenant in all of the flex-space deals totaling 31,789 sf. Advantage Delivery & Logistics leases a total 23,889 sf at three Florida locations.