Industrial

ATLANTIC CITY, NJ-The Post Office is looking to replace its existing 65-year-old local facility with a new 28,000-sf complex that would include 6,000 sf for its retail unit.

PHILADELPHIA-The US sales and distribution arm of the Germany-based athletic footwear and apparel supplier fills three of five buildings owned by Aurora, CO-based ProLogis at Airpark Distribution Center on I-275 and Route 20.

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.