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New York City-based developer Hudson Companies has launched construction on the project at 315 Meserole St. that when completed will feature 100,000 square feet of office and retail space, including a rooftop bar with an open terrace, as well as restaurant and event space that will hold nearly 400 people.
“REITs are an important allocation in diversified securities portfolios, and FTSE Russell's action will help build global recognition of that fact,” says NAREIT's Steven A. Wechsler.
There is more than 7 million square feet of industrial and flex inventory within a one-mile radius of one of the 21 station locations of the upcoming Purple Line light-rail system in Suburban Maryland.