ATLANTA-The 365-room Westin Buckhead joins a sister property, Sheraton Buckhead, in the Starwood-managed portfolio, along with nine other Sheraton and Westin properties in the metro area.
ATLANTA-Largely ignored by developers and politicians, a section of the Downtown artery has attracted veteran builder Julian LeCraw & Co. and a joint venture of Southeast Capital Partners and an affiliate of Antioch Baptist Church North.
TAMPA, FL-Investors are already seeing average price-per-unit rises in multifamily investment sales, reaching $48,000 in 2003 from $46,000 in 2002, according to Marcus & Millichap Real Estate Investment Brokerage Co.
JACKSONVILLE, FL-The joint venture of Ion Beam Applications S.A. and its subsidiary, IBA Proton Therapy Inc., plans to create the Florida Proton Therapy Institute, one of only three facilities in the US to offer proton beam therapy.
ORLANDO-The area's oldest and biggest business park sold a total 9.3 acres in two days to three separate buyers who plan to break ground this quarter for new businesses at the 4,200-acre south Orlando location.
ATLANTA-The Bankruptcy Court filing shows the locally based utility company agrees to reduce its entire space in the 1155 Perimeter Center West building to 216,000 sf for three years.
ATLANTA-Wachovia Capital Markets LLC leads a nine-bank syndicate that increases the 32-year-old, garden apartment developer's revolving line of credit by $30 million, maturing in January 2007.
ORLANDO-The seven-million-sf office and flex-space market tracked by Rebman Properties Inc. shows the net absorption of 221,593 sf in the fourth quarter doubled volume of the first three quarters combined and wound up with a final 2003 vacancy mark of 13.19%.
ATLANTA-The good news in the area's 158.5-million-sf office market is that new construction has finally slowed, allowing completed space to be rented and net absorption to rise, according to Bullock Mannelly Partners Inc.
LOVEJOY, GA-A. J. & C. Garfunkel of Savannah, GA pays the Jacksonville, FL-based REIT $10.7 million for the 77,336-sf, nine-year-old, Publix-anchored Lovejoy Station.