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NEW YORK CITY-Talk about quick work—the partnership of Keystone Equities and Apollo Global Management has leased out most of the space at 202 Canal St. in less than a week after acquiring the Chinatown property.
BOCA RATON, FL-The Compson Financial Center here was sold to a local investor for $10.15 million, which calculates out to a 45% discount from the $18.4-million mortgage on the office property.
BURLINGTON, NJ-Express Scripts Holding Co., which acquired Franklin Lakes, NJ-based Medco in a takeover last year, is seeking a $40-million tax credit under the state's Grow New Jersey program in connection with a new pharmaceutical plant it wishes to build here.
PHILADELPHIA-After two years of debate, Bowman Properties will soon begin construction on a retail/residential project at 8200 Germantown Ave. in the Chestnut Hill section of the city.
TRENTON, NJ-The bankruptcy trustee of engineering firm Birdsall Engineering Group filed a federal lawsuit on Monday here seeking to recapture legal expenses paid for former employees that were indicted in connection with its illegal political contributions.
PITTSBURGH-The Pittsburgh office vacancy rate at the end of the second quarter was at 8.2%, which scored the lowest of 20 major US office markets tracked by commercial brokerage firm Avison Young.
WASHINGTON, DC-Vornado/Charles E. Smith has convinced the DC law firm Sidley Austin to renew and expand its significant offices at 1501 K St. NW and has reportedly won the bidding for the US Fish & Wildlife Services' headquarters.