ORLANDO-Landesbank Sachsen of Dusseldorf paid the Raleigh, NC-based developer $38.5 million for the seven-story, 205,280-sf, 95%-leased property in the Rocky Point submarket of Tampa, FL, 80 miles west of Downtown Orlando. It's one of the largest office deals this year in Central Florida.

ORLANDO-The locally based, celebrity-themed restaurant chain with 111 properties in 41 countries, has seven ventures totaling at least 500,000 sf, either ready to open or leaving the drawing boards shortly.

SEATTLE-Based on capitalization rates and price-per-sf paid, Seattle ranks No. 1 and Ventura and San Diego, Calif. are close behind in a new study released by Sperry Van Ness of San Francisco, which also ranks the best buyers markets around the country.

The economy was slowly beginning to recover from a shallow recession in third quarter of 2001. The World Trade Center terrorist attack then drove the economy…