ATLANTA-Realty Development Corp. is turning the 73,289-sf former National Linen Service plant into 60 intown condos priced from $155,000 at the Village at Freedom Parkway community.
ATLANTA-MCN Enterprises paid PruCrow Industrial Properties of Texas $8 million for the three-building Atlanta International Industrial Park southeast of the city.
ATLANTA-After a five-year absence, Donald Huffner, regional manager in Columbus, OH for Equity Office Properties Turst, is returning here to manage the firm's 11 million-sf Southeastern portfolio.
ATLANTA-The company closed a $320 million, three-year revolving line of credit and a $185 million, 364-day line of credit. The REIT secured a more favorable pricing level of 75 basis points over the London Interbank Offered Rate, five points under its existing rate.
ATLANTA-Mike Martin, regional vice president of First Industrial Realty Trust, is forming Diversified Property Group Feb. 1 to focus on industrial assets.
ATLANTA-The locally based investment arm of Lane Co. sees acquistion and development niches throughout the Southeast even as economic slowdown persists. The firm has two new assets under contract, ready to close this quarter.
ATLANTA-State Teachers Retirement System of Ohio paid Dallas-based Champion Partners $12.2 million for the 100%-leased Eagle's Landing TradeCenter II, locally based Databank Inc. reports. Advanced Distribution Systems occupies the entire premises.
ATLANTA-The locally based firm acquired Amber Chase in the south end from a Moore & Murphy Co. affiliate for $63,920 per unit. The acquistion closes the company's $100 million SG Capital Master Fund.
ATLANTA-Hotelier W.B. Johnson is bringing in partners J. Richard Stephens and Larry Martindale, while Morris Ewing Sr. is adding his two sons, Morris Jr. and Andy to round out the development and investment.