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ORLANDO-PricewaterhouseCoopers study ranks the state sixth nationally, attracting $549 million in 31 deals. Local firms garner $311 million in four transactions, improving Orlando's image as a maturing high-tech investment sector.
STAMFORD, CT-The Ashforth Co., a real estate investment firm based here, has paid approximately $61 million for the 480,000 sf Valley Forge Office Center complex in King of Prussia, PA.
BOCA RATON, FL-The 99-year-old Seattle-based retailer plans to open a second outlet next year in the nearby Mall at Wellington Green, a West Palm Beach suburb, followed by stores in Coral Gables, Orlando, and Tampa.
ORLANDO-The quarterly University of Central Florida study ranks the metro area seventh most active in the nation but the placement is down from second place in the first-half rankings of 1999.
ATLANTA-Funds from operations for the third quarter were $22.5 million, or 75 cents per share, versus $23.7 million or 73 cents per share for the same quarter in 1999.
ORLANDO-The Florida Department of Transportation has to make a Solomon-like decision in December on the route of a 200-mile fast train linking Port Canaveral, FL, Orlando and the Tampa-St. Petersburg market.
LYNDHURST, NJ-A Florida-based developer is eyeing the Garden State with the intention of turning former landfills into a golfer's paradise. Brownfields reclamation is a part of the firm's business model.
DALLAS-Aetna Life Insurance Co. will be staying put, signing a 159,185-sf office lease at Stemmons Place, a class-A high-rise with location as its drawing point. The 20-story structure is located close to Dallas' CBD and the World Trade Center.
MINNEAPOLIS- Sales were up for the big home builder were up 24%, but the backlog fell slightly due to the firm's exit of the Orlando, Ft. Myers and Indianapolis markets.
SAN FRANCISCO-Survey respondents' continue to favor investment in 24-hour cities - cities that have succeeded in bringing together a critical mass of quality housing and healthy business activity in central locations.