ORLANDO-The deal is valued an estimated $25 million, area brokers and lenders familiar with the long-planned marriage tell GlobeSt.com. Greg Morrison, a senior vice president at Welsh Cos. Inc., will head the combined units under the Carter banner. His selection over Tom D. Cook, vice president/development at Carter, surprised some local industry watchers.

SAN FRANCISCO-The Chicago-based investment management firm has promoted Erich Sengelmann to head up the company Northern California tenant representation and corporate facilities management operation. The company also beefed up its Bay Area capital markets division.

ATLANTA-Williams Cos. Inc. of Tulsa, OK expects the paper work to take about a year before it can break ground on a 1,230-megawatt facility on 30 acres in north Fayette County.