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RUTHERFORD, NJ-EnCap Golf's proposal to build two golf courses around a mixed-use "village" on a half-dozen former landfill sites will be expanded with two additional golf courses.
ATLANTA-Continuing to fill its portfolio with shopping centers in the Southeast, the Oak Brook, IL-based Retail REIT adds its first Alabama center. It pays $69 per sf for the 222,019-sf mall near the University of Alabama, which is 97% leased.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa office, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa office, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa office, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.
ORLANDO-In an industry where some of the players are barely hanging on, the locally based, five-year-old hotel investment/development arm of the $5.3 billion CNL Financial Group Inc. of Orlando is starting four or five new development projects a year at average hard costs of $80,000 to $90,000 per unit and average acquisition prices of $33 million per property.
JACKSON, MI-The upscale department store chain must generate cash to pay creditors in bankruptcy. That makes 23 properties ranging from 30,000 sf to 230,000 sf available through Hilco Real Estate of Northbrook, IL.
WASHINGTON, DC-Real estate services firm PM Realty Group promotes David W. Parker to Eastern Division director, and brings the office to him by relocating the eastern area headquarters from Atlanta to Washington. Parker is charged with expanding the firm's presence locally and throughout the east.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa office, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa division, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.