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ORLANDO-Institutional buyers sank $399 million into Central Florida investments in the first six months of the year versus $590 million in the comparable 2001 period, a new Grubb & Ellis Co. market survey shows.
MIAMI-Cummings Leasing paid Nortrax Corp. of Moline, IL a premium $975,000 or $84.78 per sf for the 11,500-sf Nortrax Building on a three-acre site and plans to spend another $300,000 upgrading the property in Pompano Beach, FL.
ORLANDO-The Orlando/Orange County Convention & Visitors Bureau, headed by Bill Peeper, is projecting total visitors of $40.9 million, down from $45.1 million the bureau predicted in August.
ORLANDO-The Orlando/Orange County Convention & Visitors Bureau, headed by Bill Peeper, is projecting total visitors of $40.9 million, down from $45.1 million the bureau predicted in August.
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.