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WASHINGTON, DC-In an off-market deal, ownership of the 500,000-sf office complex at 2401 E St. changes hands for $118 million. The two-structure property becomes the first acquisition of a new partnership between New Jersey's Normandy Real Estate Partners LLC and the New York office of Westbrook Partners.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!