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Retail and hospitality are likely to be the slowest asset classes next year, while multifamily and industrial will remain the strong performers next year.
Los Angeles-based Preylock Real Estate Holdings recently acquired 90 North, a four-building 256,703-square-foot office campus for $117 million, and the campus is fully occupied by T-Mobile and Mindtree.
Savills Surplus Property Consulting Services advises investors on divestment strategies and best practices for monetizing assets and mitigating risk on compromised real estate at a single site or in a portfolio.
"The Lexington posed a very rare opportunity in the highly sought-after central Sarasota submarket, which has a historically high barrier to entry for value-add opportunities."
"The Philadelphia office market has seen immense momentum and rent growth over the past few years and the well capitalized Nightingale and Wafra partnership is in ideal position to capitalize on the favorable market dynamics,' says Walker & Dunlop's Rosenberg.