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Birmingham Business Journal A venture of private investors has paid $4.5 million for the Shelby Highpoint Office Center in the Birmingham, Ala., suburb of Vestavia Hills, Ala. A seller was not disclosed. The venture financed the acquisition with $3.4 million...
Charlotte Business Journal Maersk Inc. has started to relocate its regional headquarters to a 346,000-square-foot office building in Charlotte, N.C. In 2006, the shipping giant bought the former U.S. headquarters of Royal & SunAlliance USA for $31 million. Since then,...
South Florida Business Journal American Tire Distribution has agreed to a 10-year, 144,482-square-foot lease at the Miramar Business Center in Miramar, Fla. The industrial complex is at 11700 Miramar Parkway, less than a mile from the Florida Turnpike. About 93,908...
The Birmingham News Bayer Properties, in partnership with Corporate Realty Inc. of New Orleans, is developing an office property with 150,000-165,000 square feet in Birmingham, Ala. The five- or six-story property is being constructed on Arlington Avenue, in the city's...
South Florida Business Journal REM Management has paid $8.59 million for 7800 Congress Centre, a 40,720-square-foot office property in Boca Raton, Fla. CB Richard Ellis brokered the deal for the seller, a private group calling itself 7800 Congress LC. URS...
Nashville Business Journal BH Properties Inc. has paid $3 million for a 64,337-square-foot office property in Nashville, Tenn. The Los Angeles investment firm bought the property, Perimeter Park II, from BGK Tennessee Office Associates Partnership in a deal brokered by...
Atlanta Business Chronicle Highwoods Properties Inc. is planning a 200,000-square-foot industrial property in northwest Atlanta. The Raleigh, N.C., developer plans to spend $10.4 million on the property, Highwoods River Point. Development is scheduled to begin in the second quarter, with...
South Florida Business Journal A fund advised by JPMorgan Investment Management has placed on the sales block 355 Alhambra Circle, a 224,000-square-foot office property in Coral Gables, Fla. Cushman & Wakefield has the listing on the 16-story tower, which is...
Charlotte Business Journal A venture of Crescent Resources and Manulife Financial Corp. has started construction on Phipps Tower, a 486,000-square-foot office building in Atlanta. Development of the 20-story tower, in the Buckhead section of the city, is expected to cost...
Atlanta Business Journal Jacoby Development Inc. is planning a mixed-use project for the former Ford plant in suburban Atlanta. The development is being planned for 122 acres near Hartsfield-Jackson Atlanta International Airport in Hapeville, Ga. The proposed project is expected...
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