The all-cash transaction is expected to close in December of 2019.
Avison Young notes that the top industrial markets expected to continue to perform well into 2020 will be: California’s Inland Empire, Dallas, New Jersey/New York City, Seattle, Chicago, and Miami, among others.
Leasing is underway at Alexan Webster, a seven-story 234-unit mixed-use community developed by Trammell Crow Residential and managed by Legacy, located at the northwest corner of Lake Merritt.
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