Week in review - South Florida Business Journal:

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Equity One (NYSE: EQY) said Jeffret Olson will join it Jan. 1, and will startg terms as its CEO and presidentrin April. Katzman has been chairman and CEO at Equith One since the company Hewas also, until November company president. Olson is currentluy president of the eastern and western shoppingy center regions of Kimco Realty Corp. (NYSE: KIM), a shopping cente r development andmanagement firm. He joined the company four years ago. Doronj Valero, Equity One's current president and COO, has givejn notice that he does not intend to renea his employment agreement withthe company, Equity One Valero is to stay through year-end to facilitated the transition.
Valero praised his 13 years atEquity One, but said it is time for him to pursure other business interests. American Venturesd Realty Investors said it has sold its officwe tower in Coral Gables forabout $60 The real estate investment manager said its sale to RREEFv was for $272 a square foot. The 220,000-square-foott property, at 255 Alhambra had been part of American investment portfoliosince 1994. Since 2004, American Ventures had owned the property in a joint ventureswith , a global investment Tenants at the 91-percent-leased Coraol Gables office tower include , and . A new weeklu shipping service from the Far East tothe U.S.
East Coastt has arrived at the Port of The CKYH Alliance is composed of YangMing Line, and "K" the European subsidiary of global Japanese shippinbg and logistics company . The stevedore is APM Flagler/ said its Codinza Realty Services arm has accomplisheddtwo leases, both to logistics totaling 227,586 square feet at Beacon Lakes Busineszs Park. The newest warehouse both to take occupanc y earlynext year, at the 436-acr e commercial development the Airport West submarket are , which leaseed 192,426 square feet (Building 10), and Freight which leased 35,160 squarer feet in an existing multi-tenant building (Building 6).
said it has addee two clients - Chamarré Wineds and the Food Network South BeacbWine & Food Festival. HRMC is to developp and implement a national marketing and publivc relations branding campaignfor Chamarré Wines and manage and coordinate marketinh activities for the festival, to be held Feb. 25-27, in said it has signed a deal to open a hotel and schoolin Panama, the first time the companty has developed an educational facility. The Miami-based hote l group (NYSE: IHG) proposed a 110-room hote at the City of Knowledge, an international complecx for education, research and innovation, with Empresas Bern, a Panamaniamn real estate company.
The Miami Parking Authority board of directors has namede Jami Reyes its chairwoman to replaceOscar Rivero. Reyes has servedx on the MPA boardsinc 2003. She is also a partnerr at Miami marketing and public affairx consulting firm GordonReyes & Co. Michaelo J. Higer, David H. Lichter and Jacon J. Givner have formed a law firm - , in The firm's address is 2999 N.E. 191st St., Suite 700, and the phone numbe is (305) 933-9970. Miami-based Royal Caribbean International said the hull is complete on its Libertu ofthe Seas, under constructiobn at Aker Yards in Finland.
The ship has been floate from dry dock to wet dock for the final month s of finishing work leading to its May2007 Miami-based (AMEX: TWW) said (AMEX: EAG), a broadband, Internet protocoo and communications technology firm, has signecd a multi-year renewable collocation agreement to delivert Internet protocol television nationwide from Terremark'sw NAP of the Americas in downtown Miami. The Internetg infrastructure and services firmsaid Eagle's IPTV servicesw include direct access to more than 200 entertainmenft channels. has opened a branch in Miami'ws Dadeland area. The newest office for the Miami-basecd bank is at 8211 S. Dixie Highway.
Organizersa said they are expecting hundreds ofgaming industry, Indiabn country, politics, tourism and law personnekl to converge, Oct. 16-17, for the Summit at the & Sessions are to includew an Indiangaming update, regional gaminv overview and looks at how gaminy impacts tourism and politics. said it has sold sharez to an investment firm and made its managing partnef thenew chairman. The Deerfield Beach-basedr online diet, health and fitness firm said itsold 297,03 0 primary shares to , while its founder and David R. Humble, sold the investor 4.3 million. Humble then resigned from the eDiets (NASDAQ: DIET) board, so Kevihn A.
Richardson II, Prides Capital managing partner, couled take over the chairman job. said it is expanding its winter service to Fort Lauderdals and otherFlorida locations. The new flightsa include nonstop service between Fort Lauderdaldand Detroit, effective Nov. 15. said it will startg direct service from Fort Lauderdale toLas Nov. 15. Spirit already offers connecting service to Las Vegas from Fort Lauderdalee via itsDetroit hub. buys The said it is sellint its Weiss Ratings subsidiarhy to financial publishingcompany TheStreet.com. In the next month, the Jupiter-basede ratings service is to shed its name and takeon TheStreet.comj moniker.
Employees are to continuwe to work out of WeissRatings offices, but are to be paid by TheStreet.com. Foundef in 1988, Weiss Ratings providews independent ratings and analysis on morethan 16,00 0 mutual funds and more than 6,000 stocks. Two Palm Beac h County companies are to add 50 jobs Aerospace and mechanical engineeringy firm is to up employmentf at itsJupiter facility. To facilitate the hiring, Parametrixc is to receive a $74,813 state trainingv grant. The Business Development Board of Palm Beacb County said it helped facilitate the granand expansion. The positions, with average annuall salaries ofabout $64,000, are to come duringh the next two years.
The seconcd expansion is Venture Marine in West Palm That company is to receivea $75,000 grant and is to expand into a larger facility in Riviers Beach. Venture Marine builds high-end custom sport-fishingv boats. The grant came from Palm Beach County's Developmeny Regions Grant Program, which is designed to stimulatr economic development inblighted areas. , a commerciakl real estate firm based inFort Lauderdale, said BBCB LLC, the 20-year-oldx law firm of Edgar Benes specializing in real estate has purchased a 2,560-square-foot office condominium at 2300 N.W. Corporate Blvd., in Boca for its corporate headquarters.
Ten staff memberas are to relocate to the new which was previously the corporate headquartersof . Boca Raton-baser , has disclosed two five-year leasexs at its 72,583-square-foot Admiral's Crossing shoppint center at Military Trail and Frederick Small Road in The firm saidJimmy John'ds Sandwiches & Subs has signed for 1,600 square feet and JR Jewelp has signed for 1,200 square has bought computer and storagw systems from Mountain View, Calif.-based . The technologh is to establish FAU's Center for High Performanced Computing at its BocaRaton Campus. has opened a 7.4-acrd campus in Palm Beacy Gardens. The $22 million expansionn triples the size of aformedr facility.
said it will buy the 155-room Rockville in Maryland fromfor $23.3 The Palm Beach-based hotel REIT KPA) said the property, now undefr construction, is expected to open in October. The deal works out to $150,00p per key and is expecteed to close by the fourth has named presidents for Broward Countyu and PalmBeach County. The Birmingham, Ala.-based bank said Gerr y Litrento will lead Broward County and Val Perexz will lead Palm Beach Litrento joined Regions in 2003 and has beenmanaging Broward/Palm Beach commercial banking portfolio. Before that, he was a commerciakl market executivefor . Perez joined Regions' Miami-Dade groul in 2001 to head retail banking.
He was most recentlh president for Regions Bank insouthwest Florida. His bankiny career spans more than 20 years with Bank of America andNorthernj Trust. Some insurance companies many be pulling out of but iscoming in. Companu officials said they will offer personal lineds of insurance from homeowners to automobilethroug Agency, a subsidiary of Coldwell Banker'se parent company. Coldwell Banker began offering theinsurancw coverage, Aug. 1. The agency is to have six employeews in Florida supported by marketing and telephone representatives atthe company'as Waltham, Mass., headquarters. has expanded into Miami-Dade opening a branch in Aventura.
The 2,000-square-fooft banking center is at 19058 N.E. 29th Ave. The bank has more than $250 millionb in assets in Broward County from its downtown Fort Lauderdale and CoralpRidge offices. North Miam i Beach landscape architecture firm said it will design landscaping, exterior lighting and irrigation systems for Hilton Airport to be at 7370 N.W. 36th St., Miami. The 7.3-acr site is being developed by , of Boca Raton. Architecture is to be by Martimn A.D. Yabor & Associates, of The plaza is to include a , a Homewooe Suites by Hilton and Carabassand Roy's restaurants. Groundbreakint is tentatively scheduled for late fall orearlyt 2007. Completion is slated for early 2008.
Cushman Wakefield said it has negotiatedan 18,500-square-foog lease for Fowler White Boggs Banker at Heritage in Fort Myers. The law firm has more than 230 attorneyzs in10 offices, including locations in West Palm Beach and Boca The landlord for the newest three-story, 20,500-square-footg office at 2235 First St. is Heritag e Square Land Trust. The founderd and chairman of Fort Lauderdale-based Zimmerman and Partnersw Advertising has given his almamatere $1 million, the largest donation in the history of the mass communicationse program at the University of South Florida. The from and his Denise, is to allow the university to securrea $750,000 match from the state.
The gift is to supportr the Zimmerman Advertising Program in the School of Mass a set of undergraduate advertising andmarketing