ATLANTA-Larry Gellerstedt III, CEO of Beers Construction Co. for 20 years, takes over as president and chief operating offer Jan. 1. He teams up with longtime colleague Egbert L.J. Perry, Integral's founder/CEO.

ATLANTA-After fully pre-leasing its first 506,000-sf spec structure at the 100-acre Braselton Business Park, the Indianapolis, IN-based REIT is breaking ground in February on a 515,000-sf distribution center that will lease for $3.50 per sf to $6.25 per sf. The estimated hard construction cost of the project is $50 million.

JACKSON, MS-The Atlanta office of Cushman & Wakefield brokered the $17-million sale of the 169,152-sf, 13-year-old, four-building asset originally developed by Trammell Crow Co. on 3.26 acres.

ATLANTA-The two procurement companies for the real estate industry will market services to property owners, managers and suppliers.

ATLANTA-The expansion gives the locally-based firm more room for offices, laboratories and manufacturing. The five-year lease for 38,000 sf at an estimated value of $1.3 million increases the firm's space to 68,000 sf.

ATLANTA-The Maryland-based optical networking system company anticipates up to a 75% increase in business next year. Ciena is leasing a total 147,350 sf of new space at an estimated value of $14.6 million.

COLUMBUS, GA-A land swap among the city, the Army and Native American tribes makes a hoped-for industrial park a reality here. Columbus is 120 miles southwest of Downtown Atlanta.

ATLANTA-The university envisions the near-future construction of another 2,000 beds within a mile radius of the campus. A construction start on the 370 beds hinges on the completion of a bond issue by the University Financing Foundation, the project's owner.