ATLANTA-Demand for new office space in Atlanta's metropolitan statistical area will lag until 2003, predicts Todd Jeska, research manager of the local office of Encino, CA-based Marcus & Millichap Real Estate Investment Brokerage Co.

ATLANTA-San Mateo, CA-based Glenborough Realty Trust has put the six-story, 289,000-sf Ashford Perimeter building on the block for an estimated $138 per sf. It is 89%-leased and within easy access of the Ashford Dunwoody exit ramp from I 285.

ATLANTA-John L. Young, the recently appointed president of U.S. operations for Philadelphia-based Binswanger/CBB, is the former managing director of Boston-based CSFB Realty Corp. of Zurich's Credit Suisse Group.

PHILADELPHIA-Although office vacancy rates in Philadelphia and surrounding submarkets will continue to rise this year, and asking rents remain flat, reduced construction levels are keeping the market intact, according to research from Marcus & Millichap.

PHILADELPHIA-The 15-building complex on 135 acres in Lester, PA in Delaware County, consists of 1.9 million sf of manufacturing, warehouse and office space. Adjacent to the Philadelphia International Airport, off I 95, it can accommodate an additional 755,000 sf.

ATLANTA-Demand for new office space in Atlanta's metropolitan statistical area will lag until 2003, predicts Todd Jeska, research manager of the local office of Encino, CA-based Marcus & Millichap Real Estate Investment Brokerage Co.

PHILADELPHIA-Toronto-based IPC US Income REIT agrees to buy the 23-story, 529,000-sf McDonald Investment Center for $86 per sf. The class-A office building in Downtown Cleveland is 94% leased. Anchor tenants are McDonald Investments and Key Bank.

ATLANTA-Signaling expansion of its commercial property management services, Nashville-based Crye-Leike hires affiliate broker Karen Will to handle commercial properties ranging from class-A office complexes to retail strip centers throughout the Nashville, Chattanooga area. She came from San Antonio, TX-based NAI/Rohde.