BALTIMORE, MD-Phillips Foods Inc. wraps up the $20 million redevelopment of a former Coca-Cola factory and begins moving into the 270,000-sf space that will serve as its new corporate headquarters and manufacturing center. The company leaves behind its former 80,000-sf home in West Baltimore.

WHITE PLAINS-Commercial brokers in the northern suburbs of New York City are facing a paradox at the moment. Those involved in office leasing are seeing a slowdown in demand. However, they report that investors have an almost insatiable appetite for commercial product.

SOUTH PLAINFIELD, NJ-Sheldon Gross Realty arranged the separate transactions for two different sellers of the properties, which amount to 37,000 and 30,349 sf respectively.

AUSTIN-Progressive Rehab relocates and expands in a 4,500-sf lease that fills the 150,000-sf Shoal Creek Plaza for owner, Aberfeldy Ltd. The deal is cut by Kennedy-Wilson International and Stanberry Associates.