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Another law firm, Fish & Richardson PC, is occupying 60,000 square feet in the building.

But the luxury market is struggling across much of the state.

The new platform— Logistics Property Company, LLC— has partnered with Macquarie Capital Real Estate Investments on the formation of the platform. LPC seeks to grow its business to more than $5 billion of properties under management over the next five years.

"Retail assets offer competitive risk-adjusted returns in today's commercial real estate climate, and more capital is entering the space," says HFF's Chris Munley.

The NJEDA also announced a second round of Innovation Challenge funding for municipalities.

"Praedium will rebrand the property and seek to enhance the tenant experience through a modernization of the clubhouse and amenity space," says Kelsey Durels, a Praedium associate.

Meridian at Midtown's central location is within a mile of Google's proposed campus and the Diridon Station development, which will dramatically shift the core of downtown San Jose closer to Midtown.

ABS Altman Warwick arranged for low-rate, long-term, permanent refinancing from Mass Mutual Life Insurance for the Flatiron District building.