ATLANTA-Thor Equities puts the 664,079-sf Gallery at South DeKalb up for sale. The property could sell for $75 million to $85 million.

MIAMI-Some US companies are looking to the Bahamas to develop new projects as costs rise and, in some developers' opinions, Florida become overdeveloped.

ATLANTA-Richard Bowers & Co. secures a $40-million permanent loan for a 307,000-sf office at 260 Peachtree. The building is 93% occupied.

DADELAND, FL-The 158-unit Palmetto Towers complex in Kendall will be converted into condominiums with securing of more than $27 million in financing.

JACKSONVILLE-Aslan opens an office to handle acquisition and development throughout the southeast. Kevin Setzer will lead operations.

ATLANTA-The city's retail sector ranks 13 out of 42 markets tracked by a recent study. That puts Atlanta one spot ahead of last year.

LEE COUNTY, FL-SouthStar Development Partners Inc. files applications for the Fountains, which will include 4,215 residential units and 600,000 sf of retail space.

MIAMI BEACH-Akron Development works on a 43-unit townhome project in Normandy Shores, hoping to capitalize on the area's revitalization.