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CHICAGO-The co-founder of Newport Partners replaces David Ball in the top spot of the company, a collection of privately owned commercial real estate firms in more than 200 markets.
CHICAGO-The co-founder of Newport Partners replaces David Ball in the top spot at Oncor, a collection of privately owned commercial real estate companies in more than 200 markets.
TAMPA, FL-Area brokers say approximately 14 institutional bidders submitted offers during the 90-day marketing period with the top price of $32.8 million coming from New York-based Teachers Insurance and Annuity Association.
BOCA RATON, FL-The figure increased from $11.4 million, or 47 cents per diluted share, in the fourth quarter of 2002 to $20.9 million, or 73 cents per diluted share, the same quarter last year.
STONE MOUNTAIN, GA-Stone Mountain Acquisitions LLC of Brooklyn, NY pays $28.1 million, or $83.47 per sf, for the 336,663-sf property in this city 16 miles east of Downtown Atlanta.
TAMPA, FL-Jim Michalak of Cushman & Wakefield of Florida closes three shopping-center deals totaling 534,299 sf and valued at $38 million. Michalak closed a record year in 2003 with the disposition of nine retail properties at $90 million.
JACKSONVILLE, FL-Bandera Ventures has invested $36 million for 18 planned locations throughout the state. Whataburger Inc. itself plans a total 120 locations over the next seven years in the Jacksonville, Tampa/St. Pete and Orlando markets.
TAMPA, FL-MCI WorldCom's exit last year from its 824,000-sf headquarters at Highwoods Preserve in the Northeast Tampa submarket continues to hold down positive net absorption numbers in this city's 30-million-sf total market.
SAN ANTONIO, TX-United Services Automobile Association retains CB Richard Ellis to execute a sale/leaseback transaction for USAA's four regional offices in California, Colorado, Virginia and Florida.
TAMPA, FL-The new firm, Grubb & Ellis/Commercial Florida, will remain part of the Grubb & Ellis network through an international affiliate program. The value and terms of the deal weren't disclosed.