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LOS GATOS, CA -- Online commercial leasing site RealCentric.com is spreading its wings into the Austin, Tex., commercial market, with a Silicon Valley-specific launch slated for Q4.
ORLANDO-City wins first-round ranking for Florida A&M University's planned $30 million, 120,000-sf law school on prime Downtown area dirt which could spin off multimillion-dollar commercial projects.
ORLANDO-Central Florida's venture capital pot is simmering as area businesses raise $67.3 million in the second quarter, up 8.5% from $62.05 million in the first period. Tantivy Communications alone worked up $55 million from a dozen firms.
ATLANTA-The 14-year-old, 20-story, 351,184-sf Lenox Building in Buckhead goes for about $70 million. The one-year-old, 11-story, 286,572-sf Glenridge Highlands One tower in north Fulton County exchanges hands for about $43 million.
ORLANDO-Ginsberg Property Group is getting a mini perm loan on its $28 million, 370-unit, class A multifamily venture in northwest Hillsborough County. The Orlando office of R.J. Twitty & Co. brokered the transaction.
DALLAS-Its expertise in agency financing is leading to a buyout of Dallas-based Newport Mortgage Co. , the second in eight months of a Southwestern lender by Cleveland's KeyCorp. The deals promise to be the first of several in KeyCorp's bid for Sunbelt lending dominance.
SEATTLE-The new-format retailer of musical instruments, recording equipment and pro audio gear will place its elaborate superstores in Seattle, Los Angeles, and Portland this year.
PORTLAND-Emporium, Montgomery Ward and Rite Aid will be replaced by Home Depot, 24/Hour Fitness and Mars Music, a Florida-based company just beginning to place its 25,000-square-foot superstores on the West Coast.
MIAMI-Taubman Centers is ringing the calender on anticipated opening dates for four Florida retail ventures totaling 5.16 million sf with an estimated hard-cost construction value of $50 million.