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As co-developers, Boston Global Investors, Eagle Development Partners of Stoneham, MA, EDGE and The Cogsville Group of New York City form the general partnership of the project, each contributing what the partnership terms as “significant capital.”
Stable economic drivers have helped Las Colinas multifamily properties to sustain high occupancy and support good rent growth and as a result of a humming submarket, The Brandt was attractive to a recent buyer.
NorthPoint Development LLC nabbed the site located at US 90 and Uvalde Road where it plans to develop a 2.5 million-square-foot master-planned industrial park called NorthPoint 90 Logistics Center.
With MIELE II Sarl, a Luxemburg fund, Madison International Realty has purchased a 5% equity stake in Signa Prime, a $14 billion (€12.5 billion) European real estate portfolio.
Other new tenants at the property as of 2019 include Brian Communications, Instructure, PromptWorks , Health Federation of Philadelphia, Armor, DLC Solutions, Wick Capital Partners and others.