TAMPA, FL-Vacancies in the 59.8-million-sf inventory are at 15.04%, down 0.45% from Q2 but still above the 8.98% national average. Third-quarter net absorption has improved to a positive 364,743 sf from a negative 532,613 sf in the previous period.

TAMPA, FL-Pinellas Plaza LLC, a private Tampa, FL-based investment group, paid the Clinton, MS-based telecommunications company $6.3 million for a 124,983-sf, class A office building built in 1990 at an estimated $125 per sf, or about $15.6 million.

TAMPA, FL-Owner Steven Green of Green Realty Management Co. LLC is refinancing the 168-unit, 94.6%-leased property through Fannie Mae's Delegated Underwriting and Servicing (DUS) program on a 10-year mortgage.

ORLANDO- In one of the biggest land deals of the year the Brandon Co. paid China Jade Inc. $1.75 million for 1.5 acres and the former 10,000-sf China Jade Restaurant. Brandon plans a 34,800 retail center on the site after the restaurant is demolished.