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CORAL SPRINGS, FL-The Tampa-area discount furniture retailer pays Miami-based Pan American Group Inc. $6.5 million or $141,304 per acre ($3.24 per sf) for a 46-acre industrial-warehouse site in Corporate Park here, 34 miles north of Miami.
ORLANDO-The Legislature ran out of time and didn't consider the Charlotte-based company's request to legalize merchant power plants in Florida, a move vigorously opposed by market share leaders Florida Power Corp., Florida Power & Light Co. and Tampa Electric Co.
ORLANDO-Mitsubishi Heavy Industries America Inc. of Newport Beach, CA has selected the 155,000-sf, 75%-leased Colonial Center 100 building being developed by Colonial Properties Trust in suburban Lake Mary, FL.
CHICAGO-Industrial property is becoming the preferred asset for a few classes of investors, which doesn't hurt the nation's largest provider of diversified industrial real estate. The REIT's funds from operations increased by 11.4% in the first quarter.
ORLANDO-The Seattle-based retailer is holding an open house Tuesday for area vendors and suppliers interested in bidding on the company's planned ground-breaking this summer of an estimated 100,000-sf, $15 million store at the 1.1 million-sf Florida Mall near Orlando International Airport.
ORLANDO-The 13th annual report by the New York-based real estate valuation and consulting firm calls Orlando and Las Vegas "the best-loved tourist destinations in the nation.
TAMPA, FL-The Chicago-based firm will lease and manage the 70-acre, 850,000-sf Interchange Center, a mixed use, five-building venture being jointly developed by Triad Investors Inc. and Alex Brown Realty Inc. at an estimated hard construction cost of $65 million.
ORLANDO-The 13th annual report by the New York-based real estate valuation and consulting firm calls Orlando and Las Vegas "the best-loved tourist destinations in the nation.
ORLANDO-The 13th annual report by the New York-based real estate valuation and consulting firm calls Orlando and Las Vegas "the best-loved tourist destinations in the nation.
TAMPA, FL-The five submarkets with the most potential for rising values in two to three years are Pasco-Hernando, Temple Terrace, Polk County, Town 'n Country, Manatee County and St. Petersburg, a new study by San Francisco-based Marcus & Millichap shows.