ORLANDO-U.S. District Court Judge Patricia C. Fawsett gave Patrick T. Lee the maximum sentence because he engineered the 18-year scheme to defraud the federal Customs Service and for lying at the trial. Lee owns the 500,000-sf Mid-Florida Freezer Warehouses Ltd. In Port Canaveral, FL, 60 miles southeast of Downtown Orlando.

ORLANDO-The Indianapolis, IN-based REIT is selling its estimated $43 million, fully-leased office/industrial North Florida portfolio because the area isn't large enough yet to handle the developer's delivery system.

HOUSTON-UIRT unloads an 83,300-sf shopping center in El Campo, TX, in a realignment of assets. The center, says UIRT president and CEO, is a debt-laden, non-core asset with "poor long-term characteristics.

ORLANDO-Local corporate support for Florida A&M University's planned Downtown campus won the attention of the 13-member Florida Board of Regents which unanimously selected this tourist mecca over Tampa, FL and Lakeland, FL. The ground-breaking is tentatively scheduled for next summer.