PHOENIX-Bakala Investment Properties bets on a 12,375-sf building's ability to turn a solid profit just weeks after it was acquired for $450,000. The market return comes with a $725,000 price tag and hopes pinned on the high demand for owner-occupied buildings.

ATLANTA-James Creek, a planned 939-home project by PEC Development Group of Cobb County, is scheduled to have 15 acres of commercial space, 300 townhomes and 639 single-family residences on a 343-acre site between GA 20 and Old Atlanta Road. A fall groundbreaking is scheduled.

ATLANTA-The move aims to control the expected rising vacancy rate of 11.9% by year end and to firm up asking rents, according to a new analysis from the local office of Marcus & Millichap.

MOUNT PROSPECT, IL-Franklin Partners/JDI Realty books a $9-million gain on 1800 Central Ave., which it recently sold to Golub & Co. and Wilton, CT-based Commonfund Realty Inc. for $44 per sf.