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Occupying a critical point in the supply chain, industrial facilities are often among the first to reflect substantive shifts in the market or in consumer preferences.
The loan collateralized by Emerson Lofts was provided by New York City-based Madison Realty Capital and allows Manhattan Building Co. to complete the first phase of the fully approved project and fund pre-development on three subsequent phases.
The automobile finance firm will occupy a portion of the third floor of the Class A, 260,382-square-foot building owned by Onyx Equities, which is currently undertaking a capital improvement program.
The Legacy Hotel & Residences will feature 278 residences sitting atop a 255-room hotel. OneWorld Properties will be leading marketing and sales for residences at the hotel that will begin at $300,000.
First & Stewart represents a creative office jewel box with its cascading views of the Puget Sound, highly desirable location adjacent to Pike's Place Market and proximity to the Seattle waterfront.
At the end of the last cycle, Las Vegas was comprised of construction jobs, but now a more diverse employment base is attracting institutional capital and new opportunities.
For the first time in 40 years, Napa Soda Springs, one of the most historically significant and largest continuous parcels in Napa Valley, is on the market, offering many opportunities for a new owner.