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Collision Works is an auto body collision and paint repair owned and operated company headquartered in Oklahoma. According to Matthews Real Estate, Collision Works has achieved its latest five-year goal plan in less than two years.
More investment activity is starting from New York and Florida, however, that gap will close as California investors get added clarity about opportunity zone funds, leading to increased involvement.
The 99-year ground lease will bring UMass $235 million and has the potential to foster 3.4 million square feet of mixed-use development at the property.
“We like the Philadelphia market, and in particular the local demand generators in the King of Prussia sub-market,” says David Lifschitz, president and CEO of The Gehr Group.