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WALTHAM, MA—An affiliate of Philadelphia-based Equus Capital Partners, Ltd. reports it has recapitalized the two-building, 288,127-square-foot University Office Park complex here.
ATLANTA—Avison Young reports that retail outlet specialists Lisa Quier Wagner and David Hinkle have joined its Atlanta office as principals with the brokerage firm. The two real estate veterans bring about 50 years of combined commercial real estate experience to the company.
MIAMI—Locally-based State Street Realty reports it has closed more than 338,000 square feet in commercial lease transactions over the past two months valued at more than $15 million.
ANNANDALE, NJ—The office building net leased to Ingersoll Rand Tools as its corporate headquarters on Route 31 here has been sold in a deal valued at $18.1 million to American Realty Capital Properties, Inc.
ATLANTIC CITY, NJ—The interest in 48 lots in the Southeast Inlet that are up for auction on Wednesday could tell just how the investment community views development prospects for Atlantic City.
ARLINGTON, VA—While the cost of the redevelopment of Arlington Courthouse Square will not be known for some time, Arlington County has proposed to spend $50 million to make preparations for the project in the next 10 years.
TYSONS CORNER, VA—The revised larger high-rise headquarters project by Capital One here was approved by the Fairfax County Board of Supervisors last week.
PHILADELPHIA—The developer behind the $500-million East Market mixed-use project at Girard Square in Center City says that demolition work to begin the development will start this summer.