WEST PALM BEACH, FL-A group led by Node Com Inc. of Morristown, NJ has acquired the six-story, 75,000-sf Meridian Building at 326 Fern St. for $5.65 million ($74.67 psf) from local investor Albert Beriro who bought it two years ago for $2.3 million ($30.67 psf). The 145% jump in value of the Downtown property is attributed to the building's fiber-optic lines and telecommunications switches in demand by tech companies.

ORLANDO-A state site-selection committee has picked Orlando as the best location for the construction of a $30 million, four-acre law school for Florida A&M University. The school's president and the Florida Board of Regents, however, make the final decision Sept. 15.

WEST PALM BEACH, FL-Cincinnati-based developer is reportedly approaching property owners on buying existing buildings along Clematis and Datura streets in the heart of West Palm Beach, as well as land once proposed for a downtown arena. But landowners and the developer aren't talking.