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“We intend to enhance these amenities with physical upgrades, better technology and more comprehensive tenant concierge services.”

Other steps it is taking include placing seven parcels of non-income producing land in Virginia and North Carolina on the market and closing its South Carolina office.

PCCP provided $35.89 million in preferred equity for the project.

The REIT continues to acquire hotels in core markets.

Google has agreed to acquire the 1.2-million square-foot building from Jamestown LP.

Second Development Services and the Richport Group are proceeding with constructing the mixed-use NoHo condo development.

The GSE has partnered with Raymond James Tax Credit Funds for this first offering.

“It is great for the Washington business community to see these two organizations join forces.”