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Orlando Business JournalA 70,417-square-foot grocery-anchored retail project is being planned for a master-planned community on a 7,000-acre parcel in southeast Orlando, Fla. Lake Nona Land Co. is developing the retail component of the master-planned community, which is also expected to...
Nashville Business JournalA 1.23-acre development site in Nashville, Tenn., that had been slated for a 50-story mixed-use tower was sold. Tony Giarratana's Signature Holdings LLC sold the property at 501 Church St. to a private group calling itself 501 LLC,...
Orlando SentinelGeneral Growth Properties, in a regulatory filing, said it may turn over to its lender the Oviedo Marketplace retail property near Orlando, Fla., after it emerges from bankruptcy. The Chicago REIT, which filed for bankruptcy in April 2009, identified...
Atlanta Journal Constitution Jamestown, an Atlanta developer, has agreed to pay $27 million for the 2 million-square-foot former Sears, Roebuck & Co. property in that city's Old Fourth Ward area. It hopes to convert the one-time retail and distribution center...
South Florida Business JournalMiami's CocoWalk retail center could soon be turned over to the CMBS trust that holds $79.4 million of debt against it. The debt was securitized through GS Mortgage Securities Trust 2006-GG8. The 196,492-square-foot property's owner, PMAT CocoWalk,...
Memphis Business JournalAverage rents for retail space in Memphis, Tenn., dropped 10.4 percent to $9.58/sf in the first quarter, according to CB Richard Ellis. The decline prompted retailers to sign leases to lock in low rates. The market, with a...
Memphis Business JournalFairwood Capital acquired the 119-room Hampton Inn & Suites Atlanta Downtown hotel from Cooper Hotels for an undisclosed price. The firm, whose founders include Memphis, Tenn., -area hotel executives Robert Solmson and Ed Ansbro, plans a complete renovation...
Royal Senior Care sold an 80 percent stake in two seniors housing properties in South Carolina for $27 million to Cornerstone Healthcare Plus REIT. The subsidiary of Israeli investment company Gazit-Globe will retain a 20 percent stake in and continue...
Charlotte Business JournalBuchanan Street Partners sold the Arrowpoint office park in Charlotte, N.C., for $15.9 million to Beacon Investment Properties of Hallandale Beach, Fla.The Newport Beach, Calif., firm ventured with Beacon Partners of Charlotte to acquire the park for over...
Charlotte Business JournalBank of America Co. has taken its new 750,000-square-foot office tower in uptown Charlotte, N.C., off the leasing market and intends to occupy all of the building's un-leased space itself.The 1 Bank of America Center at North College...
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