Staff and Wire Reports

ORLANDO, Fla. — The Apartment Group of Florida, a Cushman & Wakefield company, represented New York-based J.P. Morgan in the $24.2 million disposition of the Waterford Club. Dallas-based First Worthington Group...

SOMERS, N.Y. — The New York office of The Staubach Co., Dallas, represented The Pepsi Bottling Group Inc. in negotiations for Pepsi Bottling’s 10-year lease renewal for its corporate headquarters here. Staubach also...

HOUSTON — GGP/Homart II LLC, an affiliate of Chicago-based General Growth Properties, has acquired Willowbrook Mall for $144.9 million from a pension account managed by Atlanta-based Lend Lease Real Estate Investments...

New Hyde Park, NY — A joint venture between Kimco Realty Corp., Simon Property Group and the Schottenstein Group won designation rights for all the real estate interests of defunct department store chain Montgomery...

CHICAGO — Equity Office Properties and Menlo Park, Calif.-based Spieker Properties Inc. have entered into a definitive merger agreement in which Spieker will merge with Equity Office...

PARAMUS, N.J. — The Port Authority of New York and New Jersey have reportedly entered into a 20-day exclusive negotiating period with Vornado Realty Trust on the 99-year lease for the World Trade Center in New York...

Boston, MA -- Margaret Wigglesworth, President of Colliers International Property Consultants USA, a partnership of commercial real estate firms, has been named to serve on the National Association of Realtors (NAR)...

ATLANTA — Locally based Gables Residential expects a record gain of about $900,000 from the sale of 2.5 acres in the Buckhead submarket. Located near the intersection of Northside Parkway and West Paces Ferry Road...