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Bain Capital raised $1.5 billion for its debut real estate fund, surpassing the original $1 billion target, as investors pour record amounts of capital…
“We like the Philadelphia market, and in particular the local demand generators in the King of Prussia sub-market,” says David Lifschitz, president and CEO of The Gehr Group.
Somerset Station, which will be located along NJ TRANSIT's Raritan Valley line, will include two apartment buildings totaling 371 units, 156 townhomes in 14 buildings; two parking garages; 4,000 square feet of retail space and a 4,000-square-foot community civic center.
EverWest Real Estate and Accordia Realty Ventures acquired 20 acres of land at 85 Stults Road, along with a 369,000-square-foot building at 83 Stults Road, from Hermann's Services Inc. in 2017.
EQ Office, the US office portfolio operating company owned by Blackstone, acquired two office buildings in Seattle–US Bank Centre and 999 Third Ave.–increasing EQ's investment to 3.1 million square feet.