TAMPA, FL-Only 2,500 units are slated to be completed this year, a 53% reduction from the average of the last five years--a scenario that will help, not hurt Tampa Bay's overall multifamily leasing market, according to a new analysis by Marcus & Millichap Real Estate Investment Brokerage Co.

PEMBROKE PINES, FL-In addition to the land Duke acquired for up to 400,000 sf of upscale retail development is an option to acquire an adjacent 55 acres for future development of a class A office park.

LAKELAND, FL-The Jacksonville-based developer spots a new niche along Polk Parkway, south of Interstate 4, where the company is purchasing 665 undeveloped acres for $9.3 million. The I-4 corridor site is 60 miles south of Downtown Orlando, an industrial real estate rival of Lakeland.

LAKELAND, FL-Locally based Vanguard Medical Concepts Inc. expands its Region Court business park space here by 30,174 sf and renews its existing 43,540 sf for another five years in a lease valued at about $2 million.