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ATLANTA-The 23-story, 527,000-sf Midtown tower opens in March. William Carter Co. is taking 60,000 sf on a seven-year to 10-year lease with an estimated aggregate rent value of $12.5 million.
ATLANTA-The locally based developer isn't disclosing the contracted price, but company officials aren't denying to GlobeSt.com that the number is at least $30 million or $2.17 million per acre for the 13.8-acre.
ATLANTA-The REIT continues to rebuild its senior team and its image with an eye to increase development of its grocery store-anchored shopping centers.
ATLANTA-The $10.3-million purchase from Miami-based Schottenstein Realty Co. may trigger about $50 million in near-future acquisitions here, the New York-based investment company says.
ATLANTA-The North Carolina-based bank company is housing 1,200 employees in the five-story, 177,500-sf building built near an existing operations building in Hapeville, GA, eight miles south of Downtown.
ATLANTA-In an effort to revitalize communities and bring jobs to the state's agricultural areas of South Georgia, the Georgia Legislature has issued the first wave of grants in a 25-year, $1.6 billion program.
ATLANTA-The Myrtle Beach, SC-based company is shuttering 38 of its 122 superstores over the next two months. The stores being closed were not profitable, company officials say in a prepared statement. The 50,000-sf stores, located in retail centers, sell off-price home and garden merchandise.
ATLANTA-The locally based REIT reported Tuesday that FFO for the fourth quarter plunged 23.1% to $32.3 million, a decrease of $9.7 million compared to the same 1999 period.