ATLANTA-Grubb & Ellis Co. reports the area's 368 million-sf inventory improved its vacancy rate to 8.6% from 9%, but expects vacancies will jump by 1% in the first half of this year due to a mix of economic and market factors.

ATLANTA-Grubb & Ellis Co. reports the area's 368 million-sf inventory improved its vacancy rate to 8.6% from 9%, but expects vacancies will jump by 1% in the first half of this year due to a mix of economic and market factors.

ATLANTA-Owner/developer Hamid Jahangard has invested a total $21 million in the acquistion and refurbishing of the 28-year-old hotel at an aggregate per-room cost of $50,480. Daily room rates are $70 to $130.

ATLANTA-The Rochester, NY-based photographic supplies and manufacturing company is relocating 300 sales and marketing staffers in the third quarter to the 18-story, 93%-leased Perimeter Summit building developed by Houston's Hines Interests Inc.

DETROIT-Fueled by the city's activity, Michigan again wins the top award in the nation as the state recording the highest number of new and expanded corporate announcements during the year.

COLUMBUS, GA-Hobby Lobby is entering the Columbus market with a 10-year lease on big-box space vacated by Home Quarters more than a year ago. The lease marks the sixth HQ store Hobby Lobby has used to move into a market.

ATLANTA-The national logistics firm is taking 228,300 sf or 45% of the 506,700-sf Liberty III bulk distribution facility in south metro's Henry County.

ATLANTA-Arthur M. Blank is retiring a year earlier than planned. He wants Robert Nardelli, the new CEO, to take the limelight.