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MIAMI—Three years after igniting the current vertical residential development boom in South Florida, Melo Group has launched sales for its newest condominium tower, Aria on the Bay.
MONTVALE, NJ—CBRE Group's Capital Markets Debt & Structured Finance team has completed a $6.2 million first mortgage secured by 3 Paragon Drive, a class-A suburban office building in Montvale, NJ.
NEW YORK CITY—Appointee Helene Jacobson, who has been with the firm for over 20 years, will expand her formerly NY centric role to include managing national accounts based here.
TEANECK, NJ—Dallas-based advertising giant Moroch Partners will stay at The Atrium at Glenpointe, 400 Frank W. Burr Blvd. In a transaction completed by Cushman & Wakefield, Moroch has agreed to renew its 5,700-square-foot space at The Atrium.
MADISON, NJ—Prudential Real Estate Investors is consolidating its US and Latin American businesses over the next several months. In a statement, PREI told GlobeSt.com it will integrate its U.S. and Latin America businesses into one Americas platform.
ATLANTA—Officials with Peachtree Hotel Group report the firm completed seven hotel finance and acquisition transactions this summer involving a combination of mortgage notes, real estate acquisitions, majority interest investments, and bridge loans.
DURHAM, NC—Nimble Storage, a Silicon-Valley-based flash storage solutions company, has signed a lease for the majority of the Newcastle South office building, located in the Imperial Center campus here.
PHOENIX—In this edition of Deal-Tracker, Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease renewal at Granite Commerce Center, 405 N. 75th Ave., Suite 180, for a lamination distribution company.