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ORLANDO-The vice president of Grubb & Ellis Co.'s industrial sector in Tampa, FL is credited with coordinating the growth of the 550-member Florida Gulfcoast Commercial Association of Realtors.
ORLANDO-The Tampa, FL-based mortgage banking firm arranged the transactions through Sun Life Assurance Co. of Canada for office, retail and industrial properties in Tampa, Sarasota, Bradenton and Jacksonville.
ORLANDO-In the first indication that the long-planned, 38,000-acre mixed-use development near Walt Disney World is getting serious attention from big-name developers, Transeastern Homes of Coral Springs, FL has purchased 1,341 acres for $15,004 per acre or 34 cents per sf.
ORLANDO-Ernst & Young credits several key promotions for the city's average June occupancy of 66% among the area's 90,000 hotel and motel rooms. Average monthly room revenue for the first half is $74.83 versus $88.83 a year ago.
ORLANDO-Ernst & Young credits several key promotions for the city's average June occupancy of 66% among the area's 90,000 hotel and motel rooms. Average monthly room revenue for the first half is $74.83 versus $88.83 a year ago.
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.
MIAMI-Miami still lags behind the nation in rebounding, as well as behind last year's occupancy and rate levels. Meanwhile, the future looks uncertain in the eyes of industry experts.
ORLANDO-But another analysis by West Chester, PA-based Economy.com Inc. says Orlando is behind Miami in fighting its way back to profitability in the hospitality sector.
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.