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TOKYO-The Luxembourg-based real estate investment firm acquires seven class A and B office assets here in joint venture with Merrill Lynch. The seller is a local Japanese property owner. Look for more Lend Lease deals in Tokyo over the next year.
NEW YORK CITY-As earlier reported on GlobeSt.com, CB Richard Ellis will buy out rival Insignia Financial Group. CB's Ray Wirta will continue to run the show and Insignia's Steve Siegel will head up global brokerage operations.
PARIS-The agreement nearly doubles the logistics provider's space at the suburban center to nearly 500,000 sf, all leased from ProLogis, which owns seven facilities at the park.
MINNETONKA, MN-The health insurance provider negotiates a complicated transaction that will result in an April 2004 occupancy. Several firms, including facility owner Carlson Real Estate Co., were forced to either downsize or relocate to accommodate the new tenant.
MADRID-Catering to the needs of Spain's small- to medium-size business community, the new stores will take advantage of in-place administrative infrastructure used by Office Depot's European catalog subsidiary.
NASHVILLE-The firm, to be called Coldwell Banker Commercial Acumen Realty, will be led by Nancy McGrath, a 15-year industry veteran and CBRE alum who began her career as a senior-housing specialist
SALT LAKE CITY- The regional mall is located in the suburban town of Layton, UT, 20 miles north of here. The buyer, Gregory Greenfield & Associates, spent $87 million for the two-level property.
NEW YORK CITY-Keith Misner, formerly of Grubb's Multi Housing Investment Group, will head up three regional US divisions and coordinate efforts with global partners Knight Frank and Avison Young.
NEW YORK CITY-The tax-exempt bonds will finance 454 housing units in Manhattan, Brooklyn and the Bronx. The funding is part of a $3-billion city-sponsored plan to build and renovate 67,000 units of affordable housing.
FRANKFURT-A study coming out next month will show major increases in a number of key German markets last year. Dusseldorf and Hamburg boasted the biggest gains, up 75% and 55% respectively.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom Placer.ai
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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