March 22, 2005 The Florida-Times UnionUS 1 Office and Distribution, an affiliate of Capital Partners Inc., sold a 135,000-square-foot office and warehouse complex in Jacksonville, Fla., for $13.5 million. The building was purchased by For 1031 LLC, a Boise, Idaho, ...
March 22, 2005 Miami HeraldThe Rilea Group, a development firm headed by Alan Ojeda, will construct an office tower at1450 Brickell Ave. in Miami's financial district. The $150 million, 32-story building will have 500,000 square feet of office space. No ...
March 22, 2005 Seagis Property Group, a recently formed investment firm, has completed its first acquisition.The company, formed by two former Keystone Property Trust executives who raised $250 million of equity from Principal Enterprise Capital, has paid $8.1 million for ...
March 22, 2005 Education Realty Trust Inc., a REIT that focuses on student housing, has agreed to pay $44.9 million for Campus Lodge, an apartment complex in Gainesville, Fla. near the University of Florida campus.The purchase price includes the assumption ...
March 18, 2005 Orlando Business JournalLocal developer Cameron Kuhn will delay construction of a 400,000-square foot office tower in Orlando, Fla., due to the high cost of construction materials. However, Kuhn will proceed as planned for the rest of the ...
March 18, 2005 South Florida Business JournalMillennium Partners is selling a 2.5 acre parcel in downtown Miami, zoned for a high-rise multi-family or retail use. The 110,000-sf property is on the south side of the Miami River. Transwestern Commercial Services ...
March 16, 2005 The St. Petersburg TimesAshkenazy Acquisition Corp. will purchase Channelside, a 4.5-acre, two-level retail complex in Tampa Bay, Fla., from its developer, Orix Real Estate Equities, for an undisclosed price.
March 16, 2005 The Business Journal of JacksonvilleThe Jacksonville Electric Authority will request bids for a 42-acre parcel on the city's riverfront. The parcel is appraised at $27.5 million. According to JEA officials, about 30 local and out-of-state developers have ...
March 16, 2005 Corus Bank has provided a $50 million loan to Henry and Peter Torres, who are converting the Valencia apartment homes in South Miami to condominiums.Valencia was recently completed by a group of investors led by Tuckerman Group. ...
March 16, 2005 Miami TodayParadise International Development paid $18.8 million for two land parcels in Miami. The company acquired a 33,200-square-foot parcel on South Miami Avenue for $14 million. And it paid $4.8 million for the Provence Grill site. The ...
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