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Amazon distribution center set for Lake Nona
One of the nation’s fastest-growing communities shows no signs of slowing down. Amazon has selected the master-planned town outside Orlando as the site of an 850,000-sq.-ft. distribution center set to open in 2018. It will create more than 1,500 full-time jobs, according to Amazon’s VP of North America Operations Akash Chauhan. -
RPAI on target with disposition strategy
The remaking of Retail Properties of America is right on track, according to a financial review provided by the Oak Brook, Illinois company. RPAI reported that it has completed $414.8 million worth of dispositions in the year to date, of which $367.2 million were non-target, multi-tenant retail assets. In executing its strategic plan to focus on high-performing markets and properties, RPAI has exited multi-tenant retail operations in Alabama, Colorado, Louisiana, New Mexico, and Ohio.

