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"This new visual identity represents the bold and modern organization that is CREW Network," said CREW Network President, Holly Neber.

Located three blocks from the White House, the property sold to a Credit Suisse Asset Management global real estate fund.

CPPIB will have a 45% ownership interest in the Platform 16 joint venture. Boston Properties will retain the remaining 55% ownership stake and provide development, property management and leasing services.

The transaction was reported by NKF Multifamily Capital Markets, which stated it brokered the $43.6-million sale and $34.8-million Freddie Mac financing for repeat NKF/Freddie Mac sponsor, AndMark Investment Fund.

Dick's Sporting Goods and Burlington opened new locations at the shopping center in late September. These new storefronts drove increases in shopper traffic within the mall by more than 40% during the opening weekend, PREIT reports.

Brookdale Senior Living is selling its 51% joint venture interest in 12 continuing care retirement communities.

The park is adjacent to Lendlease's new seven-acre Southbank neighborhood development underway in the South Loop that, upon completion, will include several mixed-use towers. The first tower—The Cooper at Southbank—opened in the fall of 2018.

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