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The firm's newly launched Fund IV, is a value-add workforce housing fund that will focus on expanding Monument's presence within Sunbelt markets, as well as select areas of the US Midwest, where it already has a presence.
The Cooper contributes to that effort by adding another choice of residential living that is within a block of jobs, services, entertainment, and multiple food and beverage venues.
Two-thirds (22 of 33) of the submarkets in the metro recorded positive absorption in the fourth quarter with The Woodlands representing the top performer at 602,236 square feet and more leasing to follow.
Women in CRE are still a smaller percentage of the workplace population but the female ranks are growing, with NKF recently promoting Liz Hart as the company's first female vice chairman in the Bay Area.
Confluent factors such as the 22-acre ESCO property sale, the new 60,000-square-foot Redfox Commons creative office development and a possible streetcar expansion make the Northwest District appealing.
The property is ideally located to serve the growing demand for last-mile distribution facilities in the Northeast, says Andrew Skydell, founder of Simi Capital.
Nearly 46 acres on an in-fill industrial central site on the south side of Kearney Street west of Highway 352 with solid and diverse economics along with a large workforce was attractive to Dalfen Industrial.
The acquired properties total 813 units including independent living, assisted living and memory care in Michigan, Pennsylvania (pictured) and Virginia.