ATLANTA-Philadelphia-based Madison Apartment Group, the multifamily subsidiary of Berwind Property Group, bought the complexes for $59,839 per unit from three separate sellers. Average occupancy is 90%.

PHILADELPHIA-Eight acres on the outskirts of Elkins Park, PA, owned by the Cradle of Liberty Boy Scout group, sell to an upscale home developer for $950,000. Developer Mignatti plans 38 townhouses for Bryer Court, a high-end community in Cheltenham Township.

ATLANTA-In the midst of a floundering Atlanta apartment market, the once-dormant South Atlanta/South Fulton County area posts a solid 94.4%-occupancy rate, according to a new report by Carrollton, TX-based M/PF Research.

ATLANTA-In the midst of a floundering Atlanta apartment market, the once-dormant South Atlanta/South Fulton County area posts a solid 94.4%-occupancy rate, according to a new report by Carrollton, TX-based M/PF Research.

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.

ATLANTA-Authors of the second quarter 2002 Atlanta office market report from locally based Bullock Mannelly Partners see lackluster performance this year. Completions will slow, vacancy will rise, rents will stay flat and sales will be sluggish, while absorption struggles to inch ahead.

ATLANTA-An Indianapolis-based wholesale auto auction company has filed a development and regional impact review request with Fulton County, seeking approval to build a 185,500-sf, three-building facility on 286 acres at the intersection of Spence Road and Oakley Industrial Blvd.

PHILADELPHIA-The shopping center in Williamsport, PA is 98% leased and anchored by Kmart and a Giant supermarket. The buyer assumes a $13.9-million mortgage and the seller, New Hyde Park, NY-based Kimco Realty, uses the balance to pay down debt.