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UPPER MARLBORO, MD—The final vote by the Prince George's County Council on the $925-million MGM National Harbor casino project was postponed for a week because three Council members were absent at Monday's meeting.
BOSTON—The greater Boston office market saw 775,000 square feet of office space absorption in the second quarter, the region's fifth straight quarter of positive absorption.
JACKSONVILLE, FL—The iconic Bank of America Tower here has been sold by Parmenter Realty Partners of Miami to Hertz Investment Group of Santa Monica, CA for $88 million.
DORAL, FL—An affiliate of Hines U.S. Office Value Added Fund II has secured $26.7 million in financing from TD Bank, NA for its Doral Corporate Center office property here.
MOORESTOWN, NJ—Philadelphia-based Pennsylvania Real Estate Investment Trust reports the addition of local, upscale boutiques and a fourth premier restaurant to its tenant roster at the Moorestown Mall here.
NEW YORK CITY—Bolstered by significant leasing activity downtown, the New York City office market is expected to continue to post strong results for the remainder of this year, according to Colliers International.
WASHINGTON, DC—The latest proposal for the redevelopment of the Florida Avenue Market could involve the development of theater, retail, office and some residential space.
WASHINGTON, DC—Four Points LLC is proposing to build a 71-unit apartment building on Martin Luther King Jr. Ave, SE that would be targeted for teachers and artists.
NEW YORK CITY—On the heels of its recent expansion of its New York City headquarters at 521 Fifth Ave., retail leasing, investment sales and consulting firm RKF has announced six senior level brokerage promotions.