News about properties and real estate
Lakeland Facility Sells for $10.4 Mil. [Central Florida] A Houston-based real estate investment trust has acquired a piece of Lakeland Interstate Business Park for $10.4 million. Weingarten Realty Investors last week finalized its purchase of a 168,400-square-foot distribution facility at the business park, according to a press release. The building, at 2125 Interstate Drive, houses …
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‘It’s a good thing,’ home builder thinks [Central Florida] Lifestyle diva Martha Stewart is bringing her taste in homes and decor to Central Florida real estate. The first Stewart-inspired development in Florida will be built by KB Home on 31 acres southwest of Windermere, company representatives confirmed this week. The model homes should be completed …
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Bealls buys office space [South Florida] It was not exactly a building with a broad audience: a Class A structure with all the tony accoutrements but tucked away behind an old East Bradenton neighborhood and surrounded by a steam-gouting juice manufacturing plant. But to the great relief of Manatee County economic developers and the small …
Briny Breezes’ mobile home owners could soon be millionaires [South Florida] Nestled conspicuously amid multimillion-dollar homes and splashy high-rise condos, the coastal trailer-park town of Briny Breezes seems out of place, a relic of Old Florida that may soon vanish. If residents approve the Palm Beach County community’s sale to a developer for more than …
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Hillsborough: Mansion goes to $5.55-million bidder [South Florida] But $4-million from Paul Bilzerian’s Avila home sale may pay for attorneys and loans. The sprawling but embattled mansion in north Hillsborough County built by Paul Bilzerian was auctioned for $5.55-million Monday by a bankruptcy judge. “It was a good investment,” said Clearwater auctioneer Michael Peters, the …
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A Booming Real Estate Market Gives Harry Macklowe the Last Laugh [Manhattan] When Harry Macklowe, the scion of one of New York’s most prominent real estate families, paid $1.4 billion in September 2003 for the General Motors Building on Fifth Avenue between 58th and 59th streets, people laughed at what seemed like an outrageous price. …
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