Regions Southeast
117,000SF of Premier Office Condo Space to Hit Auction Block
May 9, 2008

Office condominium space totaling about 115,000 square feet at The Plaza, a mixed-use project in downtown Orlando featuring 394,000 square feet of office condo space and 105,000 square feet of retail in two, circular towers, will hit the block this Thursday, May 15. Cameron Kuhn, embattled developer of the project, has tapped Stirling Sotheby's International Realty to auction off a group of more than 20 office suites valued at an estimated total of $30 million. Space at The Plaza was being marketed starting at $205 per-square-foot when work got underway in 2004. More recently, the asking price was between $245 and $285.

 
Recent Southeast Headlines
Design Plans Unveiled for $450M Arts Center in Orlando
Sept. 05, 2008
Plans for the development of the Dr. P. Phillips Orlando Performing Arts Center move forward with the unveiling of the design for the 330,000-square-foot project.
Miami Medical Office Building Trades at $316 Per-SF
Sept. 05, 2008
The 53,700-square-foot Sunset Professional Center at 6280 Sunset Dr. in Miami has come under new ownership, courtesy of a transaction valued at approximately $17 million.
Grubb & Ellis Acquires The Retreat at Peachtree City
Sept. 04, 2008
Grubb & Ellis Realty Investors L.L.C. has acquired The Retreat at Peachtree City, a 312-unit multifamily community in the Atlanta suburb of Peachtree City, on behalf of tenant-in-common investors.
Gustav Not as Severe as Katrina
Sept. 03, 2008
Context is everything, and hurricanes appear to be no exception. Though Hurricane Gustav’s impact on the Gulf Coast in Mississippi and Louisiana wasn’t a love pat, locals mostly seem grateful that the damage it caused, already estimated at possibly up to $10 billion, is a fraction of that created by Hurricane Katrina three years ago.
AMB Leases 150,000 SF in Savannah
Sept. 03, 2008
AMB Property Corporation has announced it has leased more than 150,000 square feet of the AMB Morgan Business Center - Building 100 development in Savannah to Dorel Juvenile Group Inc., a manufacturer and distributor of children's products.