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SADDLE BROOK, NJ-The Italian-owned garden and pet supply company is on board at Jos. L. Muscarelle's 205,000-sf 45 Mayhill St. after a transaction arranged by teams from NAI James E. Hanson and Strategic Alliance Partners.
SAN ANTONIO-A local buyer gets 410 units in two properties in the north central submarket from separate California-based limited partnerships. The neighboring properties have a combined assessed value of $8.4 million.
DALLAS-The 202-unit Pleasant Grove Village is the collateral for the 10-year loan in a first-time deal between AmeriSouth Realty and New York City lender, Nomura Bank. Bought in 2001, the complex has undergone a $1-million rehab.
LAKE OSWEGO, OR-After holding it for 10 years, the Ventura County Employee Retirement Association sells Oswego Village, an 86,600-sf grocery-anchored strip center, for $12.3 million.
Untitled DocumentTen years ago, Real Estate Investment Trusts (REITs) owned less than one percent of institutional-quality real estate. Today experts say…
LONDON-Warner Estate Holdings has formed a 50/50 in a joint venture with Bank of Scotland Corporate Banking called the Agora Shopping Centre Fund. To begin, the pounds 223 million ($350 million) fund will own six shopping malls in the north-west of England.
NEWARK, NJ-The tax collectors will continue to occupy all of one floor and part of another at the Gale Co.'s 22-story, 429,000-sf downtown tower. Company officials report "significant activity" involving the building's remaining available space.
SCOTTSDALE, AZ-Sonoran Integrations, a telecommunications firm, takes 2,337 sf at Raintree Plaza in the Scottsdale Airpark. The lease, with a $93,670 triple net value, takes the four-building development to 94% occupied.