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The report based on the State Comptroller's “Fiscal Stress Monitoring System,” found that the City of Yonkers moved into the “moderate fiscal stress” category, up from “susceptible to fiscal stress” designation a year ago.
The Pompano Beach, FL-based company purchased the more than 216,000-square-foot office center for approximately $150-a-square-foot from a joint venture of TriGate Capital, Equitable Real Estate Partners and Commercial Florida Realty Partners.
We're seeing owners look more closely at a concepts business model and giving more weight to those concepts that are creating a sense of community for their shoppers.
The deal for Gateway Center follows Hamilton EQ's entrance into the Charlotte marketplace with the purchase of seven buildings in Parkway Plaza in late February.
The wrestling entertainment giant has signed a 415,000-square-foot lease with New York City-based George Comfort & Sons, Inc. at 677 Washington Blvd., the former North American headquarters of UBS, for its global headquarters.
The report delves into a host of funding options that could be implemented to increase revenues, particularly: raising user fees (fuel taxes, motor vehicle taxes and tolls) and instituting congestion pricing.
The two land loans in Miami and Boca Raton totaled $45.2 million. The Bethesda, MD-based Walker & Dunlop arranged a $33-million loan in connection with the development of the new Waldorf Astoria Hotel & Residences Miami at 300 Biscayne Blvd.
The Aventura, FL-based asset management firm purchased the 187,373-square-foot office center in Cobb County from Pope & Land Real Estate of Atlanta.