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WASHINGTON, DC—While the office leasing market in the DC region was not particularly strong this year, the same cannot be said of the investment sales sector.
TRENTON, NJ—New Jersey Gov. Chris Christie and New York Gov. Andrew Cuomo vetoed their respective legislatures' bills to reform the Port Authority of New York and New Jersey in favor of their own plan.
ATLANTIC CITY—Florida developer Glenn Straub says that because he believes the auction for the Revel Casino was not conducted fairly, he should be granted an $8-million discount.
PLANTATION, FL—The year closed with another transaction in the vibrant net lease market in South Florida as a Wendy's location here on West Broward has traded for nearly $3.2 million.
MONROE, NC—New York City-based real estate development and investment firm Time Equities Inc. has acquired the Monroe Crossing Shopping Center here from Madison Marquette of Washington, DC.
WASHINGTON, DC—The General Services Administration is seeking a well-heeled developer to build a new 2.1-million-square-foot headquarters for the FBI and take the law enforcement agency's current Hoover headquarters as compensation.