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MIAMI-Following the sale of its business products distributorship to a division of United Stationers, the Scheck family puts properties aggregating 727,189 sf in five cities up for sale. The portfolio is master leased for $2.6 million a year.
TAMPA, FL-European Investment Management Corp. of Hialeah pays Milwaukee-based Decade Properties Inc. $60,539 per unit for the 19-year-old, 204-unit, 95%-occupied property at 4302 Gunn Highway in the Carrollwood submarket.
STEVENSON, WA-The Los Angeles-based real estate company paid about $59 million for the property, industry sources tell GlobeSt.com. The seller acquired the property in 2001 for $42 million and then invested $15 million or more to add 54 rooms and 15,000 sf of meeting space.
STEVENSON, WA-The Los Angeles-based real estate company paid between $55 million and $60 million for the property, industry sources tell GlobeSt.com. The seller acquired the property in 2001 for $42 million and then invested $15 million or more to add 54 rooms and 15,000 sf of meeting space.
TAMPA, FL-Shenandoah Station Apartments sells for $9.95 million; Cedar Place goes for $9.5 million; and Grove Park trades for $8.65 million. All are in Orlando. Curlew Center, a strip shopping property in Palm Harbor, yields $650,000.
TAMPA, FL-Shenandoah Station Apartments sells for $9.95 million; Cedar Place goes for $9.5 million; and Grove Park trades for $8.65 million. All are in Orlando. Curlew Center, a strip shopping property in Palm Harbor, yields $650,000.
ANN ARBOR, MI-The consulting firm has been on a steady growth pattern over the last several years, and is now opening several new offices while expanding its workforce.
DETROIT-Locally based Labor-Management Fund Advisors is combining its state-specific funds to target union-built real estate developments around the country. The portfolio is valued at $200 million and includes assets in Michigan, Illinois, Indiana and Ohio.
DETROIT-Locally based Labor-Management Fund Advisors is combining its state-specific funds to target union-built real estate developments around the country. The portfolio is valued at $200 million and includes assets in Michigan, Illinois, Indiana and Ohio.