ARA’s South Florida Team Adds Land Division VP

Atlanta-headquartered ARA named Troy Ballard as vice president of its new South Florida land division in the Boca Raton office. Prior to joining ARA, Ballard was a founding partner and president of TM Real Estate Group LLC, where he supervised all aspects of internal operations for TM
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LNR Property Closes on Land Deal in New England

National Real Estate Investor
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CBRE Arranges Land Sale Among Largest in U.S. History

National Real Estate Investor
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University Plaza Properties Buys Miami Land

University Plaza Properties, Inc. acquired 0.97 acres on NW 18th Ter. in Miami, FL, where it plans to build a 140-bed, four-story, 80,000-square-foot nursing home. The project is scheduled to break ground later this month. Palms-Jackson LC sold the vacant land for $ 4.74 million. The
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Trammell Crow Residential Completes $51M Land Deal in VA

Trammell Crow Residential closed on 5.8 acres at the Dunn Loring Metro Station outside of Washington, DC, for $ 51.2 million, or approximately $ 8.8 million per acre. The Washington Metropolitan Area Transit Authority sold the parcel, currently a parking lot, which is part of a 15.4-a
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