COLUMBUS, GA-In 1998, Russell Corp. vacated its 300,000-sf plant in Columbus in a restructuring move, but plans to move back into most of the space this summer with distribution operations.
ATLANTA-The year-old international e-logistics firm takes a 10-year lease for its new headquarters in Concourse office park in the Central Perimeter submarket.
ATLANTA- The Newark, CA-based company is opening a 32,628-sf store Saturday in Douglasville, 25 miles west of Downtown and a 33,400-sf store in Lawrenceville, 35 miles northeast of center city.
ATLANTA-Forecasters predict the metro economy will slow this year then pick back up in 2002. After adding 108,300 jobs in 2000, Georgia is likely to add only 34,200 jobs this year, the report predicts. But new jobs will jump to 75,700 in 2002 and 89,300 in 2003.
ATLANTA-In what supporters say is an effort to encourage economic development and investment by New Economy businesses, the Georgia Senate has approved Senate Bill 208 allowing the electronic purchase and home delivery of alcoholic beverages.
ATLANTA-The locally based hotel company avoided delisting on the Nasdaq National Market when it applied and won approval to have its common shares listed on the SmallCap Market instead.
ATLANTA-The locally based extended-stay hotel owner/franchisor scales back the number of anticipated hotel openings in 2001 because of the slowing economy and tight hotel financing.
MACON, GA-Locally based Technicon Engineering Co. paid the Macon Urban Development Authority $250,000 for the former 53,000-sf, four-story McKesson-Robbins office building where it plans to relocate 100 staffers by yearend. Macon is 85 miles southeast of Downtown Atlanta.
ATLANTA-A market glut of telecommunications facilities is forcing the developer to change course and raze the landmark Ivan Allen Building. Parking is more valuable than telecom space, the developer figures.