ROSWELL, GA-The Houston-based REIT acquires the two-year-old, 136,752-sf suburban Atlanta property for $193.78 per sf from Hardscrabble Associates LLC. The price represents a 7.47% capitalization rate.

ATLANTA-Residential Construction Specialists is taking 160,440 sf at 6280 Best Friend Rd. in Gwinnett County for an estimated five years at an estimated aggregate rent of $3 million.

ORLANDO-The metro area booked about $100 million in sales of large office buildings in the first quarter totaling 839,096 sf with an average per-sf-price of $118.37, according to statistics prepared by the local office of CB Richard Ellis Inc.

ATLANTA-With 23 million sf available and rents decreasing slightly in the five largest submarkets, tenants can cut favorable deals for themselves at the moment but the opportunities won't be the same at year end, according to Richard Bowers & Co.

MARIETTA, GA-WW Grainger Inc., a Lake Forest, IL-based global business-to-business supplier of facilities maintenance products, is taking 36,000 sf for 10 years at the Syms Center. The lease brings the occupancy at the 25-year-old property to 96%.

ORLANDO-Daryl M. Carter, president, Maury L. Carter & Associates Inc., handles three all-cash deals in Orange, Osceola and Lake counties totaling 93.5 acres aggregately valued at nearly $2.2 million.

EAST POINT, GA-TriCities East Point Plaza LLC buys the 126,625-sf, 90%-leased TriCities Plaza in this Atlanta suburb from Barry Levin for $3.6 million or $28.03 per sf, far below replacement cost, area brokers confirm for GlobeSt.com.

ATLANTA-Ronald S. Leventhal, director of Interfinancial Properties Inc. in Marietta, GA, files a new federal court brief challenging the accuracy and intent of Post Properties Inc.'s June 28 press release on the sale of six apartment complexes in Atlanta and Orlando.