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NEW YORK CITY—The former chief commercial officer for JLL in Russia relocates to New York from Moscow to oversee international business efforts for firm's Northeast region.
TORONTO—Boston-based commercial brokerage firm Sperry Van Ness International has established operations in Canada by signing a master franchise agreement with independent brokerage firm Rock Advisors Inc.
LOS ANGELES—There are a few undeniable forces in multifamily demand—the BabyBoomers, Echo Boomers and the Millennials. One source at <b>RealShare Apartments</b> says while the downsizing empty nester isn't an imaginary trend, it certainly won't change the world dramatically.
BOSTON—Massachusetts Gov. Charlie Baker is now marketing under-utilized or unused properties throughout the Commonwealth for possible sale or lease in order to facilitate new affordable or market-rate housing development or other business-related uses.
FT. WAYNE, IN—A specialty automotive parts and assembly company has been selected by an overseas automaker to manufacture one of its cars, and the company has taken another 764K of space to help handle the job.
CALABASAS, CA—The 10-year Treasury, more closely tied to CRE lending than the federal funds rate, ended the third quarter “in the low 2% range,” says Marcus & Millichap Capital Corp.'s William Hughes.