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FRANKLIN TWP., NJ-Bergman Real Estate and Grand Realty acquire 64,000-sf institutional facility, and will continue extensive renovation effort initiated by the previous owner. Cushman & Wakefield represented the seller, Lincoln property.
HOUSTON-Two leases, totaling 178,000 sf, have been cut for Memorial City Plaza that spell office consolidations for two companies. TotalFina's 130,000 sf will combine two locations and Computer Associates' 48,000 sf, three.
PORTLAND-The duo that successfully leased up last year's new downtown office building are getting the nod again, but this time they have a former managing director as a third team member.
MIRAMAR, FL-Although representatives of the 400-acre Miramar Park of Commerce wouldn't disclose terms, area brokers familiar with the property tell GlobeSt.com the estimated length of the contract is 10 years with an estimated value of $3.7 million, based on current market rents. Miramar is 16 miles north of Downtown Miami.
CANTON, MA-This area, 15 miles south of the city, is witness to another development as Conroy Development Corp. finishes work on a 175,000-sf Class A office building here on 130 Royall St.
HOUSTON-Another vacant Food Lion has been sold. This one's a 42,000-sf building on about five acres that will be used for a satellite campus of Houston Community College Southwest. The college has bought the holding from the Fleishman Trust.
NEW YORK CITY-In the midst of the company's latest coup--the Cushman Realty merger--Bruce Mosler sat down with GlobeSt.com in an exclusive interview to discuss mergers, future plans, the economy and personnel losses.
LONG BEACH, CA-A Long Beach multifamily complex secures $6-million in funding from Chicago-based Capri Capital. SoCal's rental market continues to be tight, with rates increasing on average 12.5% over the last year.