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The portfolio includes four buildings in Chicago, two buildings in Cincinnati, 12 buildings in Columbus, two buildings in Indianapolis, and one building in Louisville.
Kyle Gore, managing director at CGA Capital, looks at interest rates, big net lease deals, and Amazon in his preview of GlobeSt.com's Net Lease Conference.
The Pompano Beach, FL-based company purchased the more than 216,000-square-foot office center for approximately $150-a-square-foot from a joint venture of TriGate Capital, Equitable Real Estate Partners and Commercial Florida Realty Partners.
The wrestling entertainment giant has signed a 415,000-square-foot lease with New York City-based George Comfort & Sons, Inc. at 677 Washington Blvd., the former North American headquarters of UBS, for its global headquarters.
Total investment activity across all sectors reached $1.14 billion during fourth quarter 2018, the seventh consecutive quarter surpassing $1 billion, which lifted the annual total to $4.48 billion, the highest since 2000.
These properties, ranging in size from 3.5 to 80 acres, are located in some of the fastest-growing suburbs in DFW including Carrollton, the Colony, Lewisville, Flower Mound and Highland Village.
Completed in 2017, The Henry at Fritz Farm features a mix of one-bedroom, two-bedroom, and three-bedroom flats with modern design elements including open-concept floor plans, nine-foot ceilings, plank flooring, oversized patios or balconies and oversized windows.
The strongest driver to job growth is, of course, the tech sector and the San Jose MSA unemployment rate tumbled further in 2018, closing at 2.5% from 3.1%, compared to the higher national rate of 3.7%.