ATLANTA-The fully occupied, 45,000-sf shopping center on the southwest corner of Roswell and Abernathy Roads comes under local ownership. Blockbuster anchors in one building. Steinway and Staples occupy the remaining space, renovated for them in 1999.

ATLANTA-George Ferguson is hired to head the sector at the Atlanta-based affiliate of Prudential, repeating his experience at an agency in Utah. Three agents are already on the group's staff and four more are in training.

ATLANTA-Two Birmingham, AL low-income multifamily housing properties, already in precarious financial shape, get another blow as S&P downgrades their revenue bonds. A fire last July compounds an 83%-occupancy rate and a widening gap between revenues and expenses.

ATLANTA-The restaurateur has signed a 15-year, 9,500-sf lease for an estimated aggregate rent of $3.7 million or about $26 per sf at the high-end restaurant spot in the 20-story Trizec Properties Inc. building that opened last year in Buckhead.

ATLANTA-The former director of Cushman & Wakefield's structured finance group will lead Wells Real Estate Funds' efforts to expand its sale/leaseback portfolio which is shooting for $1 billion in investment sales over the next 12 months.

ATLANTA-The locally based utility holding company reportedly got a bargain at $14.75 per sf, versus the midtown average of about $21 per sf. Its choice of the Midtown property is expected to help revitalize a market that has been soft for a decade.

ATLANTA-Declaring JDN "more than stabilized" after his two-year tenure as CEO, the exiting executivie tells GlobeSt.com he'll help search for a successor and stay until one is found. He took JDN's reigns in the wake of a financial scandal that cost the REIT $56 million in settlements.

ATLANTA-Locally based Barry Cos. bucks the tide in the depressed North Fulton market with a seven-year office lease for 67,207 sf at Deerfield Point 200 for a reported value of $9.5 million.