Commercial real estate special reports for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
ORLANDO-Bluffs Retail Associates LP of Colorado sold the 38-year-old, 425,292-sf Seminole Mall in Seminole, FL for $48.67 per sf to Seminole Mall Inc. of Lakewood, NJ. A 103,050-sf Kmart anchors the property 10 miles south of Downtown Tampa and 80 miles west of Downtown Orlando.
ORLANDO-Martin W. Boelens Jr. and Robert W. Boyd have agreed to plead guilty on separate charges of securities, mail and wire fraud in the total $214 million sales of unregistered mortgage-backed securities to 2,000 private investors across the country. Securities salesmen Thomas S. Spencer of Orlando and Anthony V. Micciche of Tampa, FL also agreed to plead guilty in the 15-month-old investigation.
ORLANDO-But the New York-based consulting and appraisal house gives the Orlando area low evaluations in retail and office. Apartments, Orlando's strongest sector, won a No. 4 ranking. Industrial placed fifth out of 59 metro markets surveyed in Integra's 12th annual Viewpoint analyses.
ORLANDO-But the New York-based consulting and appraisal house gives the Orlando area low evaluations in retail and office. Apartments, Orlando's strongest sector, won a No. 4 ranking. Industrial placed fifth out of 59 metro markets surveyed in Integra's 12th annual Viewpoint analyses.
ORLANDO-NL Ventures III, a private equity fund sponsored by AIC Ventures, paid the electronics/microwave manufacturer $5.5 million or $44.39 per sf for TRAK's 33-year-old, 123,897-sf office/plant structure, then leased the property back to TRAK for 15 years at an estimated aggregate rent of $9.3 million.
ORLANDO-Vince La Mariana, former senior marketing officer/general manager of Mulialand in Jakarta, teams with Paula Buffa to handle three Westshore office properties.
NORTHRIDGE, CA-Union Bank of California has leased office space at 9100-9110 Tampa Ave. from Franson & Horowitz. The value of the seven-year lease is in excess of $1.1 million.
ORLANDO-Industry sources tell GlobeSt.com on condition of anonymity representatives of Chicago-based Equity Residential Properties Trust are inquiring into Jacksonville, FL-based St. Joe Co.'s tentative plans to sell off Arvida Realty Services of Clearwater, FL.
ORLANDO-The former senior vice president of Clearwater, FL-based Sembler Co is opening a new commercial/residential corridor with Suncoast Crossings, a planned 700-acre venture that will have 1.2 million-sf office and 500,000 sf of retail, restaurants, hotel and single-family/multifamily homes.
CARROLLTON, TX-M/PF Research says the Sun States will lead the way when it's time for a multifamily rebound. First to recover will be the Inland Empire, Broward County, Tampa Bay, Dallas-Fort Worth, Houston and maybe Oakland-East Bay.