Atlanta

ATLANTA-After nearly a decade-long absence from this market, the Troy, MI-based company partners with Royalton Investments to buy the nine-story, 86%-leased, 125,603-sf building. Hayman may build condominiums on its rooftop parking deck.

ATLANTA-Masterfoods USA of Cleveland, TN, a division of Hackettstown, NJ-based Mars Inc., is adding a new line, Cookies And, to its brand of chocolates. No major building construction was involved in the expansion of the Tennessee plant.

ATLANTA-Stacey Corso, editor of Real Estate New York, a monthly Real Estate Media Inc. publication, will handle all aspects of commercial real estate in Atlanta's eight-county market, along with breaking major industry news in other Southeast areas. Corso may be reached at 212-929-6900 or [email protected].

ATLANTA-The locally based American arm of British-based Six Continents PLC is putting the former Tishman Hotel Corp. executive in charge of Six Continents' growth and development of all company brands in the western states. Watkins will be based in Phoenix.

CHARLOTTE-The Philadelphia-based pharmaceutical company is adding a 150,000-sf laboratory and manufacturing arm at its 215-acre Sanford, NC campus, 80 miles east of Downtown Charlotte.

ATLANTA-The locally based apartment REIT posted funds from operations of $33.7 million, excluding a $17.5 million severance and impairment charge. That compares to FFO of $41.7 million for fourth quarter 2000, excluding a $9.4 million charge.

NASHVILLE, TN-The price and total amount of real estate involved were not disclosed in the 40-location acquisition by the Nashville operator.

ATLANTA-Post Properties and the New York State Common Retirement Fund put the finishing touches on a $75 million joint venture to develop Post's first apartment complex venture in Southern California.