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"During these uncertain times that impact all of us in personal ways, our ability to support each other, our people and our communities will ensure we emerge from this crisis stronger than before," says Joe Erlinger, president of McDonald's USA.
No financial terms of the transaction were disclosed. The four-story properties are currently 67% leased to a variety of tenants including Zurich Insurance, York Risk Services, Ipsos, ICAP and Wallenius Wilhelmsen.
Mack-Cali went further stating that Bow Street's letter included "outright lies, about the company, its Board of Directors and management team in an attempt to conceal the true objective of its proxy contest—Bow Street's desire to acquire control of the Mack-Cali Board in order to force a sale of the company at any price."
Landing at College Square offered buyer MG Properties a suburban, newer construction opportunity located near major employers and multiple transit options at pricing below replacement costs.
Northline is being developed by Northline Leander Development Company in partnership with the city of Leander, which has committed $15 million in direct funding toward roads and infrastructure.
Owners will be reviewing contracts for agreements outlined, and what contractual rights and duties exist in light of the conditions caused by the spread of the coronavirus.
Trendmaker Homes Austin's growth plans look to capitalize on a metro that ranked number one for overall real estate prospects, number six for homebuilding prospects and number one in job growth.