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PHOENIX-A California couple took the keys to 43 units in two separate deals with the same owner, capping a week-long shopping spree that cost the investors $1.7 million.
IRVING, TX-A Newport Beach, CA, private investor turns around 1031 Exchange proceeds and takes out a loan to buy the 10,900-sf store at 975 Irving Blvd. Seller Black Development Corp. of Honolulu had a choice of eight full price offers.
MAHWAH, NJ-HydroQual's new location is within the 87,000-sf 1200 MacArthur Blvd. CBRE spoke for both the tenant and the building owner, Officescape Associates.
PLANTATION, FL-The AFL-CIO Building Investment Trust acquired the 376-unit luxury apartment community here, while Greystar Capital Partners acted as adviser to the seller. The property was developed eight years ago by Gables Residential of Boca Raton.
CHANDLER, AZ-For the second time in three years, retail giant Wal-Mart is facing a setback in its attempt to site a super center in Chandler. Zoning regulations stopped the firm's first location and now, an expired land contract has put the brakes on a second site.
SUFFERN, NY-Avon Products, Inc., which began operations here in 1897, broke ground on a new 225,000-sf research and development center on Wednesday that will cost more than $100 million to build.