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Avison Young was able to secure an early renewal and extension lease at 330 Washington Ave. allowing VGS to stay in the saturated Carlstadt/Rutherford submarket, while also negotiating other terms including a tenant improvement package.
Vestar recently purchased a six-property 297,599-square-foot retail portfolio for $95 million in an off-market transaction, and it now owns and manages more than 1 million square feet of retail property.
CoreLogic's insurance and spatial solutions group recently analyzed the numbers and provided insight into the construction costs associated with the Kincade fire damage in this EXCLUSIVE.
701 Rio's location has connectivity for professionals and new companies in the Austin market, says John Ockerbloom, Barings' head of US real estate equity.
Kinghorn, Driver, Hough & Co. is a Houston-based commercial debt and equity firm, and the acquisition brings two well-known debt and equity groups together to create one of the largest firms in the Houston market.
The $85 million LIBOR floating loan will replace the existing construction loan and provide needed funds for tenant improvements and leasing commissions during lease-up.