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Progress is being made, as evident from the stats from local research companies which provide an update and recap of the damage to commercial real estate properties in the area.
The addition of the Sony Center in Berlin's Mitte district will bring Oxford Properties' European assets under management to approximately US$2.7 billion.
Comprising a $700-million sale-leaseback and a $700-million mortgage investment, the completion of the deal with Medical Properties Trust coincides with Steward Health Care's merger with IASIS.
Multifamily vacancies are rising, supply is unevenly distributed throughout the country and the pipeline remains robust. A new report from Ten-X Research tackles how well new supply is expected to absorb.
The eight-story steel and glass facility will include an Advanced Imaging Center, Ambulatory Surgery Center and Heart and Vascular Institute, in addition to a 20,000-square-foot expansion of private rooms for the medical center and 75,000 additional square feet for physicians' offices.
The shopping center, which was built in 2002, was purchased on behalf of the Sterling Organization's institutional core fund, Sterling United Properties I, LP (SUP I).