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CARROLLTON, TX-Madison Realty Investors turns over leasing and management for three properties, including a newly bought 118,500-sf office/warehouse. The fourth assignment comes with a single-tenant requirement that two other brokers couldn't fulfill.
EL CAJON, CA-A private investor has picked up the 12,543-sf, mixed-use property that stands at 1685 E. Main St. in El Cajon. The building, which contains a mix of medical office and retail space, is currently 100% leased.
IRVINE, CA-Pacific Property Co. names Aaron Pacillio as acquisitions manager for its office here, with oversight throughout Orange County and portions of Riverside and San Diego counties.
HOUSTON-Tecmag Inc. doubles its size with a 12,500-sf, long-term lease in a First Industrial property along Harwin Street in the southwest submarket. Across town, American Woodmark takes 3,750 sf for the medium term.
WAYNE, PA-The Wyndham Valley Forge Suites is one of three Wyndham-branded properties the owner has sold this year. While the other two remain under Wyndham management, this facility keeps its name under management by the new owner.
WEST PALM BEACH, FL-The first mortgage and mezzanine loan proceeds are being used to refinance the original construction loan on the development, which was completed in 2001. The Ackman-Ziff Real Estate Group LLC arranged the financing through a Wall Street investment bank.
NEWTON, MA-Nearly six months after Wyndham defaulted its rent on 15 extended stay hotels, Hospitality Properties Trust enters an agreement with InterContinental Hotels for management and rebranding of those facilities.