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The San Francisco metro market volume actually fell by 18% from $31.9bn to $26.2bn year-over-year, landing at sixth place this year compared to its ranking of third in the world the previous reporting year.
The property, located at the northwest quadrant of Powers Ferry and Terrell Mill Roads, will be located within the new master planned 24-acre Marketplace Terrell Mill development.
The assets do not align with the seller's core plan for the area, so it is effectively the first time they are available to be acquired by someone who can focus on maximizing each individual asset.
The 1.12 million-square-foot space is located in a new building at NorCal Logistics Center, representing continued expansion of logistics supply chain infrastructure against the backdrop of steady growth in e-commerce.
Located at 60-70 Spruce Street in Paterson's Great Falls historic district, around 90 filmmakers, photographers, and many other creative professionals call Art Factory Studios home.
In the past 10 years, FIRE's market share of occupancy in Lower Manhattan has fallen from 55% in 2008 to a little over 35% today, according to the third quarter Lower Manhattan Real Estate Report released today by the Alliance for Downtown New York.
The 734-bed development will bring a new Jewish community center, European arcade-style retail stores and expanded parking to intersection of Garner Street and Beaver Avenue.