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ORLANDO-After abandoning Florida in 1996, the Houston-based subsidiary of the Coca-Cola Co. plans to open the Auburndale, FL venture in March 2003 and compete can-to-can with Tropicana Products Inc. of Bradenton, FL, the nation's No. 1 frozen juice packager owned by Coke rival PepsiCo.
ORLANDO-The Los Angeles-based builder is taking on $46 million in American debt but gets control of 4,000 lots with an estimated market value of $80 million based on an average $20,000 per lot.
ORLANDO-Good apartment development sites continue to be in short supply in some growth areas but leading the 2003 recovery in the Southeast will be Atlanta, Austin, Charlotte, Dallas, Memphis, Nashville, Orlando and Raleigh, the Central Florida chapter president of NAIOP tells GlobeSt.com.
JACKSON, MI-While 12 stores trade for more than $39 million, three others are subject to lease termination. Sales must be approved by the bankruptcy court, but closings are expected by mid-October.
ORLANDO-All Pro Sports Camps of Palm Harbor, FL sued the theme park in November 1994, alleging Disney technicians stole the concept for the 100-acre park from them after All Pro officials had previously disclosed their plans to Disney in confidence.
ORLANDO-Good apartment development sites continue to be in short supply in some growth areas but leading the 2003 recovery in the Southeast will be Atlanta, Austin, Charlotte, Dallas, Memphis, Nashville, Orlando and Raleigh, the Central Florida chapter president of NAIOP tells GlobeSt.com.
ORLANDO-The vice president of Grubb & Ellis Co.'s industrial sector in Tampa, FL is credited with coordinating the growth of the 550-member Florida Gulfcoast Commercial Association of Realtors.
ORLANDO-The Tampa, FL-based mortgage banking firm arranged the transactions through Sun Life Assurance Co. of Canada for office, retail and industrial properties in Tampa, Sarasota, Bradenton and Jacksonville.
ORLANDO-In the first indication that the long-planned, 38,000-acre mixed-use development near Walt Disney World is getting serious attention from big-name developers, Transeastern Homes of Coral Springs, FL has purchased 1,341 acres for $15,004 per acre or 34 cents per sf.
ORLANDO-Ernst & Young credits several key promotions for the city's average June occupancy of 66% among the area's 90,000 hotel and motel rooms. Average monthly room revenue for the first half is $74.83 versus $88.83 a year ago.