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ORLANDO-Central Park Apartments LLC of Loveland, CO bought the 15-year-old, 216-unit, 98%-leased Central Park Apartments from Tampa, FL-based Central Park Associates for $8.35 million.
BIRMINGHAM, MI-One 100,000-sf store here sells, while another deal is close in the disposition of the retailer's former digs forced by bankruptcy. A store in Jacksonville, FL and corporate headquarters in Jackson, MI also are available.
ORLANDO-The 44-year-old Florida executive of the 31-year-old, Encino, CA-based firm is credited with growing the Tampa and Orlando divisions into two of the strongest offices in the company's network.
ORLANDO-Watkins Development Co. of Atlanta sold the eight-year-old, 99,172-sf, 100%-leased shopping center near the University of Central Florida campus to Melbourne Shopping Centers Inc. of West Palm Beach, FL, for $10.86 million.
MIAMI-Turnberry Associates of Aventura, FL and Schiff Cos., based here have formed Turnberry-Schiff Properties and purchased more than 835,000 sf of retail space in the state for $73 million.
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.