March 3, 2003 The Charlotte (N.C.) ObserverWith the Westin Hotel nearing completion in Charlotte, N.C., Atlanta developer Portman Holdings is planning an 11-story office building at Stonewall and College streets. The building would include about 265,000 square feet of office ...
March 3, 2003 The Miami Herald (Third Item)Palm Beach Mall, owned by Indianapolis-based Simon Property Group, has secured a gap-loan leasehold mortgage for land beneath the mall, north of Palm Beach Lakes Boulevard and east of I-95 in West Palm ...
March 3, 2003 Orlando (Fla.) Sentinel (Second Item)Trendwest Resorts Inc. paid $14.3 million for the Kingston Reef time-share resort on International Drive in south Orange County, Fla. The seller was RANI International of Orlando. The property has 50 time-share units ...
March 3, 2003 Jacksonville (Fla.) Business JournalTwo months after putting its planned parking garage in Jacksonville, Fla., on the market, Humana Inc., based in Louisville, Ky., now will include the Laura Street building in the package. Jacksonville's CB Richard Ellis ...
March 3, 2003 The Miami Herald (Second Item)Aaron Podhurst, trustee for the Gail Posner Trust, has been given mortgages totaling $22.3 million for Florida properties. The largest loan is for the Ocean Marine Yacht Club, a 5.75-acre site fronting the ...
March 3, 2003 South Florida Business JournalDevelopers Diversified Realty Corp., the Beachwood, Ohio-based mall REIT, has a deal for a little less than half of the Buena Vista rail yard, the largest vacant development parcel left near downtown Miami. The ...
February 28, 2003 Courier-Journal (Louisville, Ky.)Commercial construction in the Louisville, Ky., market has slowed to a trickle, and many developers say if they are starting a new project, they will only break ground if a substantial part of the building ...
February 28, 2003 Memphis (Tenn.) Business JournalSchnucks Markets, based in St. Louis, Mo., will close its 68,000-square-foot Memphis, Tenn., grocery store on March 15. The store first opened in 2001, but the area was not conducive to a large grocery. ...
February 27, 2003 Orlando SentinelDeveloper Cameron Kuhn has bought one of downtown Orlando's oldest buildings, the 10-story Metcalf at Orange Avenue and Pine Street. Kuhn and the four shareholders of the law firm Alvarez, Sambol, Winthrop and Madson PA paid ...
February 27, 2003 Birmingham (Ala.) NewsEquity Residential, the Chicago-based REIT, is selling its high-end apartment portfolio in Birmingham, Ala. DRA Advisors LLC, a New York-based investment firm, is purchasing Madison at Shoal Run, Meadows at Brook Highland and Colony Woods ...
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