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TAMPA, FL-Inexpensive land and a growing volume of suburban commuters are bringing developers out of the woodwork on Interstate 75 but tenants aren't swarming yet, cautions a new report by Marcus & Millichap. Tampa is 80 miles west of Downtown Orlando.
TAMPA, FL-The Chicago firm paid View Properties Ltd. $1.8 million or $15,000 per acre (34 cents per sf) for a 120-acre tract at Bridgewater in Lakeland, FL, one of the most active distribution centers in Florida. Lakeland is 60 miles south of Downtown Orlando. Tampa is 80 miles west of Orlando.
CHICAGO-Tax records indicate Commonwealth Edison pays more than $5 million for a parking lot at the southwest corner of Taylor and Jefferson Streets, part of the former Chernin's Shoes portfolio that continues to undergo a transformation.
DALLAS-Integra Realty Resources has its Top 10 picks for real estate investors. Dallas, Austin, Houston and San Antonio pull berths in suburban office, industrial, multifamily and retail. And, property values are up across the board.
DALLAS-Integra Realty Resources has its Top 10 picks for real estate investors. Dallas, Austin, Houston and San Antonio pull berths in suburban office, industrial, multifamily and retail. And, property values are up across the board.
ATLANTA-The locally based REIT boasts a 95% lease-up rate at two apartment communities in the Southeast, just as it launches construction on a new luxury 15-story high-rise apartment building in Washington, D.C.
BOCA RATON, FL-Locally based Concord Assets Group Inc. agrees to pay $2.65 per outstanding share for control of the commercial real estate investment company based in this city 42, miles north of Miami.
MIAMI-The proposal would authorize a statewide vote on a constitutional amendment to exempt from property taxes those Florida airports and seaports owned by municipal governments or special-taxing districts.
SARASOTA, FL-The plaintiffs seek certification of a class-action lawsuit against the locally based developer of wireless communications tower sites after learning the company is revising its financials. Sarasota is 180 miles northwest of Miami.
ORLANDO-Tampa lawyer Bob Martinez tells US Bankruptcy Judge Arthur B. Briskman he was on a monthly retainer from 1994 to 1998, while in private law practice, for Evergreen Security Ltd., a non-licensed British Virgin Islands-based firm that operated from Downtown Orlando.