Office

DULUTH, GA. — WEG Electric Corp. has leased 250,000 square feet at the Business Park at Sugarloaf, located at 6655 Sugarloaf Parkway in Duluth, from an undisclosed party. The company, which currently houses its headquarters in Suwanee, Ga., will occupy 50,000 square feet of the new building in 2010. Grubb & Ellis’ Dave Watson and Darren Ross represented WEG, and Brian Sutton of Duke Realty represented the landlord.

DULUTH, GA. — American Security Insurance Co. has leased a 70,393-square-foot, Class B office building from Magnolia Norcross for an undisclosed amount. American will use the building, located at 2975 Breckinridge Blvd. in Duluth, as a call center. Doug Wise and Eric Carlton of Grubb & Ellis represented Magnolia Norcross.

ANNE ARUNDEL COUNTY, MD. — St. John Properties will commence construction on its 260,000-square-foot BWI Technology Park II this fall. Located at the interchange of MD 295 and Nursery Road in Anne Arundel County, the park will include four flex research and development buildings totaling 190,000 square feet. A 61,200-square-foot office building and 13,000 square feet of retail space round out the project. The facility is being constructed on reclaimed land that was previously littered with spent and discarded car and truck tires. St. John will pursue Silver LEED certification for the new buildings, which will join an existing 600,000-square-foot property at the interchange. Delivery of the first flex building is expected by next summer.

COLUMBIA, S.C. — Michigan-based KIRCO has broken ground on Innovista Holdings’ 110,000-square-foot Horizon II office building. The property, part of downtown Columbia’s Innovista center, will cost between $20 and $25 million. A health research building and two parking decks have already been built at the site, with the five-story Horizon I office building and the five-story Discovery I slated for completion next year. Horizon II, which will also deliver next year, will serve as office space for companies that are collaborating with University of South Carolina researchers.

NAPLES, FLA. — PLL Development has sold 37,882 square feet of retail and office space to Charleston Square of Naples LLC for $10.7 million. The property is located at 1400 Gulfshore Blvd. in Naples. Investment Properties Corp.’s David J. Stevens brokered the transaction.