Industrial

ATLANTA-The 52-year-old, $8 billion Dallas-based homebuilding and financial services firm is paying about $3.2 million for the East Fox Court dirt in suburban Alpharetta, GA, across from Roberts Realty Investors Inc.'s Addison Place apartment community.

CHICAGO-Work has begun on redeveloping over 100 acres of the enormous former U.S. Steel South Works in Chicago. The site will be home to a new Solo Cup factory by 2004; a lakefront park is also under way nearby.

TAUNTON, MA-New England Ice Cream Corp. acquires a 54,000-sf manufacturing/distribution facility for $3.4 million from Keller/Davis Co. New England Ice Cream currently has multiple locations and it will use the new building to consolidate its operations.

ATLANTA-Jerry and Brett Buckner, previously of the locally based Buckner & Co., join the Irvine, CA-based company's office here as senior advisors. Kevin Boughner moves over from Wachovia Securities. The new trio takes the local office brokerage staff to a dozen.

DETROIT-Though property pollution is rampant in Michigan, reuse of former contaminated property is rising to more than $4 billion of investment per year, says the Michigan Department of Environmental Quality.

SAN FRANCISCO-The Presidio Trust is relying on investors to help rehabilitate the Presidio's Montgomery Street barracks, but the estimated renovation costs coupled with the current economy, has kept interest light.

VAN NUYS, CA-The buyer is doubling the size of his business from current operations in Burbank, Calif. The building is in a new business park crafted from a former aerospace facility.

ORLANDO-The triple-B rating from triple-B-plus comes as the New York-based bond-ranking agency worries the sale of the county's refunding revenue bonds could be affected by the civil lawsuit Lake has filed against Fairfield, NJ-based Covanta Energy Corp. to regain control of the 13-year-old, 100-acre incinerator complex near Okahumpka, FL.