ATLANTA-Savannah-based ANS Logistics Georgia opens a 125,000-sf East Coast distribution center in Crossroads Park, just southwest of the Savannah River, off I 95. The build-to-suit facility, owned by the Savannah Economic Development Authority, is 45% occupied.
PHILADELPHIA-Cleveland, OH-based Developers Diversified enriches its shoppingcenter portfolio by 81 existing properties, 21 under development and a pipeline of 17 more with the acquisition of Atlanta-based JDN Realty.
ATLANTA-Half of the 32 leases at premier malls, vacated after Nottingham, MD-based Golf America Stores Inc. filed for Chapter 11 bankruptcy protection last month, are in the Southeast. Leases ranging from 1,278 sf to 5,964 sf will be sold at auction.
ATLANTA-The locally based REIT bought the properties for about $108.66 per sf from the San Diego, CA-based developer. The fully leased, class A properties are in Des Moines, IA; Plano, TX, and Colorado Springs, CO.
PHILADELPHIA-The Cincinnati-based bank is set to close on a site in suburban Madisonville, OH, for its 598,500-sf customer service and office facility. Ohio's Tax Credit Authority offered a 60% tax credit over 10 years to keep the facility at home.
PHILADELPHIA-In admitted "backward" order, Frank Kass, chairman of Columbus, OH-based Continental Real Estate Cos., said Kaufmann's will anchor Continental's $300 million mixed-use Waterfront development at Pittsburgh's former Homestead Steel Works site.
PHILADELPHIA-The lending company Sunrock moves its headquarters from 11 Penn Center Downtown to the 525,000-sf property at 1600 JFK Blvd., pushing occupancy in the newly renovated tower up to 30%.
ATLANTA-The former vice president of franchising for Holiday Inn Worldwide, a predecessor of Six Continents here, and a 20-year veteran of the hotel industry, joins Steve Porter, new president of the London-based hotelier's Americas division, in a restructured management team.
PHILADELPHIA-Retail spaces at five top shopping centers in Pennsylvania and Ohio, averaging 1,800 sf each, are going up for bid on November 8. They are among 32 former Golf America stores nationwide.
PHILADELPHIA-The Shamokin Dam, PA, facility has reopened as a Quality Inn & Suites Conference Center following a $1.6 million renovation that added exhibit and conference space.