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ORLANDO-Small buildings in good physical condition are also in demand by institutional buyers, George D. Livingston, founder/chairman, Realvest Partners Inc., tells GlobeSt.com. Pensions funds and insurance companies are scouting the state for new industrial acquisitions.
DENVER-Once again, Denver's office rates are bargain basement compared to the rest of the world, as Grubb & Ellis and Knight Frank find only seven cities with lower space costs.
DENVER-Once again, Denver's office rates are bargain basement compared to the rest of the world, as Grubb & Ellis and Knight Frank find only seven cities with lower space costs.
TAMPA, FL-Taylor & Mathis also signs Advantis big hitters Irene Martinez and Ann Adams to handle the 240,432-sf One MetroCenter, the 398,871-sf Center Point Business Park and the 955,000-sf Tampa Distribution Center.
ORLANDO-Only about 15% of Daytona's tourists arrive by plane--a key reason for the area's improved condition following 9-11, the accounting firm says in its annual hospitality industry forecast. Tampa, Fort Lauderdale and Jacksonville should also recover quickly but Orlando and Miami areas will take longer.
ORLANDO-Only about 15% of Daytona's tourists arrive by plane--a key reason for the area's improved condition following 9-11, the accounting firm says in its annual hospitality industry forecast. Tampa, Fort Lauderdale and Jacksonville should also recover quickly but Orlando and Miami areas will take longer.
NEW YORK CITY-A series of reports from Grubb & Ellis/Knight Frank suggest now is the time to buy into the US office market. Occupancy costs have cooled to 1999 levels as the US struggles with a still-fragile economy, tech-wreck fallout and the continuing ripple effects of Sept. 11.
MINNEAPOLIS-Rottlund stock is de-listed from the American Exchange and will go private as the Rotter family now owns 90% of the outstanding common shares. The process still has several months to go.
WINDER, GA-The Fort Myers, FL-based 304-store chain has contracted to buy the former 50-acre, 200,000-sf Duck Head Apparel Co. Inc. headquarters and distribution center here from Tampa, FL-based Tropical Sportswear International Corp. for $7.2 million or $36 per sf. Closing is set for early April. Winder is 35 miles northeast of Downtown Atlanta.
MIAMI-New South Federal Savings Bank, an affiliate of Birmingham, AL-based Collateral Mortgage Capital is loaning a total $6.22 million on three manufactured home communities in Miami, Lake Alfred, FL and Auburndale, FL.