ATLANTA-Hit by a weakened economy and cash flow problems, Roberts Realty Investors suspended payment of its dividend for the fourth quarter of 2001 and the first quarter of 2002.
ATLANTA-The long-term lease for at least 10 years has an estimated aggregate value of $7.4 million, based on average rents of $4 per sf, area brokers familiar with the suburban Newnan, GA market tell GlobeSt.com.
ATLANTA-Hit by a weakened economy and cash flow problems, Roberts Realty Investors suspended payment of its dividend for the fourth quarter of 2001 and the first quarter of 2002.
ATLANTA-A partnership of Mardi Gras LLC and Capricine Investments paid Ampic Associates of Germany $105 per sf for the one-story, 114,176-sf building at Interstates 85 and 285 in northeast Atlanta.
ATLANTA-Phoenix Business Park LLC paid the Rahway, NJ-based developer/investor $7.2 million for the 110,952-sf property at 2700 Northeast Expressway, off Interstate 85 in northeast Atlanta.
PHENIX CITY, AL-Wal-Mart Stores Inc., the biggest taxpayer in this city of an estimated 30,000 permanent residents, 100 miles south of Downtown Atlanta, has helped the municipality broaden its revenue base since opening a Super Wal-Mart store with an estimated 150,000 sf in the late 1990s.
RICHMOND, VA-Crowne Partners plans to build a 312-unit apartment complex on the 76.5 acres of Swift Creek, a mixed-use development in suburban Richmond.
ATLANTA-Post Properties and the New York State Common Retirement Fund put the finishing touches on a $75 million joint venture to develop Post's first apartment complex venture in Southern California.