“Law firms want to have Miami on their business cards.”
Commercial brokerage firm ACO Commercial, which brokered the sale on behalf of a private investor group, reports that the 2.8-acre parcel that traded takes up almost an entire city block (bounded by Lake, Hoyne, Damen and Walnut) and is fully leased to Standard Equipment Co.
The Murphy Administration reported that it will spend $60 million on affordable housing initiatives across the state in its Fiscal Year 2020 budget. The funding had been diverted in previous years.
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