CHARLOTTE-The Philadelphia-based pharmaceutical company is adding a 150,000-sf laboratory and manufacturing arm at its 215-acre Sanford, NC campus, 80 miles east of Downtown Charlotte.

CHARLOTTE-The Philadelphia-based pharmaceutical company is adding a 150,000-sf laboratory and manufacturing arm at its 215-acre Sanford, NC campus, 80 miles east of Downtown Charlotte.

ATLANTA-The locally based developer has opened his second venture, the 152,370-sf, 14-building, $22.5 million Gates at Laurel Springs and already has sold two properties in suburban Alpharetta, GA, 30 miles north of Downtown Atlanta.

ORLANDO-Occupancy among the area's 132,000 units fell to 92% from 93.2% in 2000, a new study by the Orlando office of CB Richard Ellis Inc. shows. Construction slowed to 6,800 new units compared to 13,900 units delivered in 2000.

ATLANTA-The locally based apartment REIT posted funds from operations of $33.7 million, excluding a $17.5 million severance and impairment charge. That compares to FFO of $41.7 million for fourth quarter 2000, excluding a $9.4 million charge.

MIAMI-Codina Group Inc. of Coral Gables, FL walked away with three Awards of Excellence at the annual banquet of the South Florida Chapter, National Association of Industrial and Office Properties.

ATLANTA-The locally based apartment REIT posted funds from operations of $33.7 million, excluding a $17.5 million severance and impairment charge. That compares to FFO of $41.7 million for fourth quarter 2000, excluding a $9.4 million charge.

ORLANDO-At least 14 Orlando area hotels are having trouble meeting their quarterly mortgage payments and could wind up in foreclosure status if lenders don't extend deadlines, according to industry sources.