ATLANTA-Owner Highwoods Properties Inc. hires Advantis Real Estate Services Inc. to fill the space in Sandy Springs, GA as Coca-Cola prepares to move 650 workers in the second half to its main North Avenue campus in Downtown Atlanta.

ATLANTA-In the county's largest single residential sale ever, owner-developer J.T. Williams and his three sons sold the one-year-old, 348-unit St. Ives complex to Conner and Murphy Properties of Ohio for an average of $68,966 per unit.

ST. AUGUSTINE, FL-Charles B. Lebovitz, chairman and CEO of the Chattanooga, TN-based firm, says the 261,110-sf, 92%-leased Cobblestone Village, 150 miles north of Downtown Orlando, is expected to generate an initial unleveraged return of 10%.

ATLANTA-Locally based Robert and Co. is completing conceptual plans that will be unveiled on May 15 for a 3,400-acre, mixed-use venture south of Hartsfield International Airport and near the fifth runway currently under construction.

ORLANDO-The Jacksonville, FL-based developer plans to kick off a sales campaign in Q3 with projected prices in the $200,000 to $1 million range for 300 condominiums, 47 townhomes and 300 single-family houses in north Osceola County, 10 minutes from Walt Disney World.

ORLANDO-In a corporate streamlining move, the Jacksonville, FL-based developer is disbanding its four-year-old, Orlando-based hospitality division, which was headed by Robert Shinn, a former senior vice president of Walt Disney Imagineering Co. in Lake Buena Vista, FL.

ATLANTA-Locally based Riverwood International Corp. plans to break ground in June on 300,000-sf of new warehouse/distribution space and convert an additional 150,000 sf for the project. The project is expected to add 100 new jobs to the local community.

ORLANDO-The monthly tax collection numbers are watched closely by hotel developers and investors as a barometer of the area's industry health. The revenue comes from a 5% tax added to the guest's bill for each hotel and motel room used.