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While there are a handful of exciting office assets trading in Long Beach, the overall office investment activity has remained flat and likely will remain flat through 2019.
“This is a mission critical location for World Wide Technology, which already has a significant footprint in the St. Louis market,” says Avison Young's Erik Foster.
Jeff Schotz has been involved in the leasing of more than 30 million square feet to many of the world's premier corporations, including Microsoft, CBS, Pepsi-Cola, Mutual of New York, JP Morgan Chase, Citicorp, Linde, British Telecom, Newell Brands and Ernst & Young.
More tracts, pads and outparcels are in the works for a power center, the Shops at Broad, in this rapidly growing city of Mansfield that is part of the DFW metro area.
Square Mile Capital provided the loan to Rockwood Capital and Midtown Equities to create a complex similar to the Brooklyn development in the Battery Park neighborhood.