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CAMP HILL, PA—California-based Lee & Associates has opened the firm's first office in Pennsylvania in Camp Hill, near Harrisburg. The office is being led by Brian Knowles, Jack Shepley, and John Van Buskirk, SIOR. The brokers spoke exclusively to GlobeSt.com about the new office.
CHICAGO—137 S. State presents a rare opportunity for investors since it has a cooling plant used by more than 100 commercial buildings throughout the Loop.
NEW YORK CITY—Equity Residential's David Neithercut was the only representative of traditional property sectors as he moderated a panel discussion during REITWeek.
CHICAGO—There are six speculative and two build-to-suit industrial projects underway in the I-55 Corridor that will add 1.5 million square feet to the submarket's inventory when completed, according to a recent Colliers' report.
MIAMI—Investors in 2015 are being “very disciplined in the way they deploy their funds, whether it's debt or equity,” Akerman LLP's Richard Bezold tells GlobeSt.com.
WASHINGTON, DC—After shelling out $80 million earlier this year on the Sky House West apartment tower, Bernstein Management Corp. has spent another $91 million in acquiring its 'sister' Sky House East building.
SAN ANTONIO—Houston-based Rockspring Capital has acquired a 10-acre commercial tract in San Antonio located at the corner of Military Drive and Loop 1604 in the Westover Hills submarket.
HOUSTON--Marcus & Millichap has arranged the sale of the largest single multifamily asset in Texas, Broadway Square Apartments. The 2,470-unit apartment complex is adjacent to Hobby Airport; terms of the sale were not released.