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HACKENSACK, NJ—Stonegate Realty has acquired the Madison Arms, 52-80 Madison Street, Hackensack, NJ, for $8.7 million, and the firm says it will renovate the property as it has done with others in its portfolio.
HOUSTON—The port's significant investments to its infrastructure and container terminals will ensure it can accommodate logistics needs by agricultural exports, and food and consumer imports.
PHOENIX—The projects have redevelopment plans designed to deliver the best use for the submarket, with a shared the philosophy of maximizing value through purposeful repositioning.
ROUND ROCK, TX—The city is close to major corporations and retail so it attracts different types of travelers, all adding to the spike in extended stay lodging.
NEW YORK CITY—The founder of MNS will bolster NGKF Capital Markets' efforts in Brooklyn, while also adding “significant depth” to the capital markets platform nationally, says NGKF president James Kuhn.
LOS ANGELES—In its first West Los Angeles investment, Boston Properties agrees to buy a 49.8% stake in the six building, 1.2 million-square-foot office campus in Santa Monica.
LOS ANGELES—CBRE Global Investor's major sale of 400 S. Hope, and the $100 million value creation in just four years, shows the firm's ability to create value using only internal resources, GlobeSt.com reports in this EXCLUSIVE story.