South

Mississippi’s Rainbow Hotel & Casino Fetches $80M

The property features the 89-room Rainbow Hotel, a 33,000-square-foot casino, a 20,000-square-foot conference center and 48,000 square feet of restaurant and administrative office space.

$189M Flood Repair Price Tag for Nashville’s Gaylord Opryland Resort and Grand Ole Opry

If all goes as planned, Gaylord will reopen Gaylord Opryland on November 15 and the 4,400-seat Grand Ole Opry House on October 1 of this year.

Avison Young Continues U.S. Expansion with New Houston Office

The office is the company’s fourth outside of Canada.

Skanska Tapped for $42M Hospital Expansion in Texas

The new five-story, approximately 172,222-square-foot building will house specialized clinics with services such as diagnostics imaging and radiation therapy.

Apartment Realty Advisors Oversees $43M Orlando Sale

Atlanta-based real estate advisory service firm Apartment Realty Advisors said Monday that it has represented an institutional fund advised by Prudential Real Estate Advisors in the $43.3 million sale of The Estates at Park Avenue in Orlando.

Premier 163,000-SF Office Building in Houston’s Energy Corridor Changes Hands

A bevy of eager investors took a great deal of interest in acquiring One Park 10 Plaza in Houston’s desirable Energy Corridor, but it was Beacon Investment Properties Inc. that emerged victorious.

Balfour Beatty Team Tapped for $900M DFW Airport Project

Dallas/Fort Worth International Airport is undergoing a massive makeover and Balfour Beatty Construction, along with its joint-venture partners, will do the handiwork.

Blanca Commercial Expands With Addition of Klein, Valdez

Miami-based advisory firm Blanca Commercial has added a team with 50 years of combined experience. Hank Klein joins the firm as vice chairman, while David Valdez comes on board as executive vice president.

USAA Lands 1.2M-SF Build-to-Suit Industrial Property in Atlanta

The struggling Atlanta industrial market is about to get a big infusion of space, but fortunately, it will not spike the vacancy rate.

$300M Legoland Clears Another Hurdle

Florida is on tap for another vacation destination. Gov. Charlie Crist and the Florida Cabinet have approved the use of state lands for Merlin Entertainments to build a Legoland family theme park on 150 acres of land at the 145-acre Cypress Gardens in Winter Haven.