ATLANTA-Ponce Park LLC also gives the city a $1-million non-refundable deposit on the pending $27-million purchase of the former Sears Roebuck Co. catalog warehouse on Ponce de Leon Avenue near Midtown. The entire mixed-use redevelopment will cost about $375 million.

ORLANDO-Houston-based Stainback Public/Private Real Estate names senior vice president Bill Fray to head the company's local division, which includes overseeing $1.7 billion in Florida projects.

ATLANTA-The planned 22-story, 500,000-sf office building complements Terminus 100, a $170-million structure under construction at Peachtree and Piedmont roads in the Buckhead submarket.

WEST POINT, GA-Gov. Sonny Perdue's office confirms for GlobeSt.com Kia Motors Corp. plans to break ground in April on an estimated one-million-sf manufacturing campus in this town. Georgia beat out at least five other Southeastern states for the project.

WEST POINT, GA-Gov. Sonny Perdue's office confirms for GlobeSt.com Kia Motors Corp. plans to break ground in April on an estimated one-million-sf manufacturing campus in this town. Georgia beat out at least five other Southeastern states for the project.

ATLANTA-The Birmingham, AL-based REIT and the Purchase, NY-based investment company pay $38.8 million for the 358-unit apartment community. The transaction marks the partners' second deal in the past eight months.

TAMPA, FL-Abba Real Estate Development Group acquires the 352-unit, 22-acre Arbors at Fletcher Island in the Temple Terrace submarket from Arbors at Fletcher Island II LLC for $135,000 per unit.

ORLANDO-US Rep. Ric Keller says the proposed sale by the US Forest Service of 973 waterfront acres would be grabbed up by developers and be difficult for local and state agencies to control its growth. Audubon of Florida senior vice president Charles Lee and his organization are also fighting the sale.