Philadelphia

A&G Realty's Jan. 28 sale in New York centers on 10 locations including the Lewistown store.

“This acquisition is in line with our strategy of identifying underutilized, high quality food processing facilities that can be retrofitted for modern users,” says Leslie Amoils, president of Infinity Asset Solutions.

FHLBank's suite of financial services includes cost loans (advances), which may be used for community development lending, asset/liability management and general funding.

The company enters 2019 with a resilient focused growth platform and more profitable portfolio.

The deal for the portfolio secures the Boston-based firm gross proceeds of approximately $113.5 million. The properties are 100% leased to seven tenants. The portfolio was acquired by Exeter Property Group of Conshohocken, PA.

The five-story property on Corinthian Avenue features connectivity and historic character.

“What we found is that when you improve the comfort and well-being of the people in a building by designing a more dynamic building, they start to behave differently,” says Carmen Ferrigno, vice president of communications with Saint-Gobain.

The Highlands property was purchased with a 97% leased rate, but that percentage is expected to fall shortly to approximately 70% due to pending lease expirations, Equus Partners reports.