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ORLANDO-The 72-year-old renowned golfer is talking with Tampa broker John Reaves who has contracted to buy the 1,433-acre tract atop a 350-foot high peak near Clermont, FL in rural Lake County for an undisclosed sum. Clermont is 25 miles west of Downtown Orlando.
PHOENIX-It's undoubtedly the region's healthiest this year, judging from construction and acquisitions. The muscle flexing continues with TN-based Iasis Healthcare spending $55 million for hospitals in Phoenix and Tempe.
TALLAHASSEE, FL-Construction on the $45 million structure, which will be built at a development cost of $199 per sf, is set for December 2002 with completion by summer 2004.
TAMPA, FL-Ken Wilson, Trammell Crow Co.'s senior vice president, heads the Florida regional team that will handle one of the firm's largest contracts of its kind. Curt Grantham, a former Crow executive in Orlando, directs 23 million sf nationally for the Bank of America from his Charlotte office.
ORLANDO-Dallas-Ft. Worth, Orlando and Tampa are a few of the markets moving lower-priced apartment assets, while Chicago remains a hot sector for class A properties, brokers, investors and analysts tell GlobeSt.com.
TAMPA, FL-The Rahway, NJ-based developer/investor is growing its Florida portfolio with the acquistion of the class A, 203,000-sf Pinellas Business Center on Roosevelt and Martin Luther King Jr. Boulevards, 80 miles west of Downtown Orlando.
DULUTH, MN-Allete Inc.'s real estate unit owns four companies in Florida: Lehigh Corp., Cape Coral Holdings, Palm Coast Holdings and Sugarmill Woods. Laura Holquist most recently led Cape Coral Holdings and Lehigh Corp.
ATLANTA-The locally based investment group is committing an undisclosed amount into 10 properties of the Charlotte developer's recently developed 1.6 million-sf, suburban office portfolio segment, conservatively valued at an estimated $240 million. Overall, Crescent has developed 12 million sf over 30 years.
DALLAS-And the winners are Dallas-based Trammell Crow Co. and Jones Lang LaSalle of Chicago. The real estate giants have assembled 1,090 professionals, hiring 700, to dedicate to the Bank of America contract, which carries an unprecedented teaming of ideas and strategies.