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The multifamily giant purchased from Mill Creek Residential Trust, which was represented by a Newmark Knight Frank multifamily team based in South Florida.
The partners report the new joint venture has acquired two regional distribution properties totaling 1,152,000 square feet in the Jacksonville and Chicago metros.
Four new office towers, two reaching almost 300-feet tall and several multifamily developments, are set to deliver over the next five years, which will transform Bethesda's skyline, according to a new report released by JLL Research.
The trade of the 208-unit garden-style community was reported by Berkadia, which arranged financing for the transaction that calculated out to $156,250 per unit.
“Legal sector change is occurring at lightning speed,” says Sherry Cushman, executive managing director and leader of Cushman & Wakefield's Legal Sector Advisory Group.