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LOS ANGELES, CA-The inner-city development by Capital Vision Equities and National League Football player Keyshawn Johnson win $43 million in public funding. It will include a shopping center, homes, and senior apartments.
ORLANDO-A new analysis by Marcus & Millichap Real Estate Investment Co. of Florida paints a rosy picture of metro Orlando's 49- million-sf inventory, particularly in single-tenant, net lease sales.
ORLANDO-The 28-year-old, 100-person brokerage booked $228 million in the first nine months of the year versus $204 million in the same 2001 period and $241 million for all of 2001.
ORLANDO-New Q3 statistics from ColliersArnold Commercial Real Estate Services show vacancies dipping to 11.65% from 11.85; net absorption increasing to 48,115 sf from a negative 151,598 sf; and average quoted rents rising to $15.49 per sf from $15.12.
ORLANDO-The New York-based financial services firm, one of the largest corporate employers in the Tampa Bay area, expects to hire 700 employees over the next 12 months at the $90 million property in the Sabal Park Business Center.
ORLANDO-The national Parts Depot chain anchors the 28-year-old, 223,000-sf, 88%-leased distribution center which Northwestern Mutual of Milwaukee sold for $6 million.
MIAMI-Opus South Corp. and an investment fund managed by UBS Realty Investors are planning to build up to 270,000 sf of office space on a 19.84-acre site in Weston, FL. The total project cost is estimated at as much as $54 million.
STAMFORD, CT-CB Richard Ellis' Mary Ann Tighe, announces that the firm has promoted 19-year suburban commercial brokerage veteran Jeffrey R. Dunne to executive vice president.
ORLANDO-U.S. Bankruptcy Court Trustee R.W. "Bill" Cuthill Jr. will outline a tentative settlement with the family of convicted stock broker William J. Zylka of New Vernon, NJ, who sold unregistered mortgage-backed securities in an alleged $214 million swindle.
MIAMI-Under the merger, valued at an estimated $730 million, Equity One would acquire IRT to form one of the biggest shopping center REITS in the Southeast with a combined 181 properties and 18.7 million sf in 12 states.