ORANGE, CA-A broker from the local office of Lee & Associates represented both parties in a property transaction involving five freestanding buildings.

ALTAMONTE SPRINGS, FL-ERA Breese Craft Hensley handled 226 townhomes and single-family transactions, averaging $90,000 per unit, since opening its doors in June in this Orlando suburb, 10 miles north of Downtown. The firm projects $50 million in 2001 sales.

SAN ANTONIO-Luby's, a 220-cafeteria restaurant chain, has a new benefactor in Pappas Restaurants. The Pappas owners have secured 1.3 million Luby's shares in the wake of this week's reporting of a $2 million loss for its first fiscal quarter.

ATLANTA-D. Kristopher Miller of Ackerman & Co. is the newly-elected president of the Georgia chapter of the National Association of Industrial and Office Properties for 2001.