HUNTSVILLE, AL-The Chattanooga, TN-based developer and Colonial Properties Trust of Birmingham, AL have signed 30 leases totaling 120,000 sf for the 755,000-sf Parkway Place, an estimated $37 million, 33-acre redevelopment of the former Parkway City Mall site.

ATLANTA-The Sacramento, CA-based developer gambled and won on building a spec distribution center project on Fulton Industrial Boulevard in the Interstate 20 West submarket. The lease is the largest this year and one of the largest industrial contracts in the past five years, according to area brokers.

CHARLESTON, SC-The Oak Brook, IL-based REIT has opened an office here and named Inland lawyer Jason Lazarus to head the firm's expansion moves.

ATLANTA-The Georgia 400, Buckhead and Midtown submarkets are struggling to fill abandoned quarters as the overall vacancy level soars to 19.1%, a first-quarter Cushman & Wakefield of Georgia Inc. study shows.

JACKSON, MS-Hayden C. Eaves III, managing director, Investment Development Services Inc., Los Angeles replaces John N. Palmer who resigned recently to become U.S. Ambassador to Portugal.

COLLEGE PARK, GA-Hitachi Transport Systems has signed a new three-year, 102,000-sf lease with an estimated aggregate value of $841,500 at the two-building, 845,000-sf Majestic Airport Center I in suburban College Park, GA, near Hartsfield International Airport.

ATLANTA-The city's South Side and Gwinnett County are seeing a slight increase in activity this year because of their bargain sales prices. Low cap rates for single-tenant, net-leased properties in favorable locations such as the North Fulton County market are also getting investors' attention.

ATLANTA-The Georgia 400, Buckhead and Midtown submarkets are struggling to fill abandoned quarters as the overall vacancy level soars to 19.1%, a first-quarter Cushman & Wakefield of Georgia Inc. study shows.