BIRMINGHAM, AL-A subsidiary of Birmingham Steel Corp. completed the $30 million sale of its mill facility in Cartersville, GA. The buyer was AmeriSteel Corp., an American subsidiary of Brazil-based Gerdau S.A.
CANTON, GA-The north metro Atlanta suburb will be getting single-family and multifamily homes, commercial/office space and 135 acres of walking trails, according to preliminary plans filed with the Atlanta Regional Commission. A developer hasn't been named.
DURHAM, NC-LCOR, a Berwyn, PA-based developer and the U.S. Department of Veterans Affairs plan to build private-sector medical office buildings, research labs, administrative office space, a retail center and a residential facility at the Durham VA medical center.
CHARLOTTE-K. Hovnanian is building Four Seasons at Gold Hill, a 307-home, 80-acre project near Interstate 77 in Fort Mill Township. The development includes a fitness center, putting green, tennis courts, pool and driving range. Construction starts next month.
GREENVILLE, SC-The 10.5% level is the highest reported for the area since Carolina Real Data began tracking the local market in 1994. Low demand, new supply and weak absorption are being blamed.
ATLANTA-The Oak Brook, IL-based REIT expects to complete separate transactions with the Smyrna, GA-based seller on the unidentified properties over the next four months, Inland corporate communications chief Rick Fox tells GlobeSt.com.
GREENVILLE, SC-The 10.5% level is the highest reported for the area since Carolina Real Data began tracking the local market in 1994. Low demand, new supply and weak absorption are being blamed.
ATLANTA-The locally based firm paid $30.25 million for the 270-unit Glenlake Gables and the 119-unit Glenridge Gables in the Perimeter Center area, north of the city. The buyer refused to identify the institutional seller.
GREENVILLE, SC-The Oak Brook, IL-based REIT continues its year-long buying spree, paying $5.6 million for two Eckerd properties in South Carolina. Inland Retail has snapped up more than 2.3 million sf of retail space this year, all of it in the Southeast.