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The 750,000-square-foot office building at 2201 Valley will include 10,000 square feet of retail and arts spaces, occupying a full city block between Telegraph Avenue, Valley, West Grand Avenue and 22nd Street.
Expect industrial capital to focus on repositioning class-B and –C deals this year in top tier West Coast markets, according to NKF's newest industrial star.
KeyBank provided $70 million in combined construction and permanent loan financing to AVS Communities for the Reserve at Lacey, an affordable senior housing property serving those 55 or older.
The lease with Michaels arts and crafts store combines with the arrival of two new dynamic dining offerings, Hash House A Go Go and Joe Italiano's Maplewood and the mall in South Jersey, about 15 miles from Center City Philadelphia.Lease executed with Michaels to complete anchor redevelopment, delivering diverse offerings
“2018 was a year of market evolution,” CBRE's LaRusso said in the retail report. “Rents are broadly down and activity in the market continues, with tenants currently in the dominant negotiating position."