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CLERMONT, FL-Orlando-based Solo Development Corp. is asking the city for an exception to its Big-Box Ordinance that prohibits the construction of new single stores over 100,000 sf.
NEWPORT BEACH, CA-One of the nation's leading full-service commercial real estate firms increases its property management presence in Southern California with a contract to manage the La Jolla Executive Tower.
ATLANTA-The estimated value of the contract is $13 million. Rental rates in the market are between $18.50 per sf and $21.50 per sf. CarrAmerica Development Inc. of Washington, DC is erecting the $13-million, 90,000-sf office bulding.
LEESBURG, FL-The 25-acre, 13-tract Leesburg Municipal Industrial Park, 45 miles northwest of Downtown Orlando, is selling more dirt this year than it has in its entire 15-year existence. Reason: Price, at $25,000 per acre or 57 cents per sf.
AUSTIN-A new retailer is on the cutting edge for the expansion of the downtown's design district. The freestanding building won't be on the periphery long, say the broker and owner of Giada, a hip new clothing boutique.
ATLANTA-Cushman & Wakefield beefs up its presence in the industrial sector with the hiring of Pamela Zoellner, former vice president of real estate at GATX Logistics.
MIAMI-FPL is asking the Federal Nuclear Regulatory Commission to approve its Turkey Point plant until 2032 because the plant's current licenses begin to expire in 2012.