Alpharetta, GA-Developer plans a 76,536-sf office-retail-townhome complex on 11.5 acres targeted for small businesses and firms needing 1,000 sf to 3,000 sf.
ATLANTA-The Downtown $70 million, six-story SunTrust Plaza Garden Offices is 80% leased and reserved after only a month on the market. The structure offers new-economy space amid a forest of traditional towers
ATLANTA-The five-year-old provider of in-building broadband communications services loses $23.8 million in the second quarter, its second consecutive period loss. But data customer volume is up by 100% and business line growth has risen by 82% over second quarter 1999.
ATLANTA-Buyers plan a $22 million renovation; a conversion of the existing units into 90 large suites; and a restoraation of the hotel's original name, The Carlton. The deal closes in October. The asking price for the asset is $7.5 million.
ATLANTA-The father-son team of Morris and Andy Ewing is reviving the family's old-line firm, focusing on acquisition, development of retail centers and land brokerage.
ATLANTA-Richfield Partners LLC is buying a 15-year-old, 234,000-sf former electronics manufacturing plant from NEC Technologies Inc. for an undisclosed price in fast-growing Henry County, south of Atlanta International Airport. A retail/commercial complex is planned on the 95-acre site.
ATLANTA-The 73-year-old, 600,000-sf Macy's downtown landmark building is changing hands but the department store is leasing back three floors for a smaller, compact retail operation.
CARROLLTON, GA-A 640,000-sf distribution center that will house 600 employees for Wal-Mart Stores' spin-off e-commerce company is set to break ground within 30 days
ATLANTA-BellSouth is halting site work on its 900,000 sf, $750 million mixed-use project after area residents obtained a restaining order against the Metro Atlanta Rapid Transit Authority and the city of Atlanta.