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This is the sixth closing of the acquisition previously announced in September 2017 with 28 properties now closed for approximately $42 million.

During the month of December alone, Gebroe-Hammer arranged 14 trades valued in excess of $114.21 million encompassing 1,076 units.

Birkeland has been a commercial real estate advisor in the Central Pennsylvania market for sixteen years and a CCIM designee for seven years.

Manhasset Bay Associates, a New York-based private equity property group, sold the tract for $2.195 million.

Reports of investors' concerns regarding CEO Adam Neumann's owning properties leased to WeWork has not slowed down the flexible office space provider's expansion.

The flexible workspace provider has taken four floors in the Lower Manhattan building.

The company is expected to bring 550 positions, an increase of 20% of its present area workforce, to its new headquarters offices in early 2021.

“This latest acquisition brings our national ownership interest portfolio to 60 properties totaling 7 million square feet.”