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The agreement extends affordability protections and invests $140 million in capital improvements at the nation's largest subsidized affordable housing complex.
While retail analysts continue to postulate the impact of the Winn-Dixie bankruptcy and its store closings, as well as Amazon's acquisition of Whole Foods', the fact remains that Publix is the “gorilla” in the grocery market, Avison Young states in the report.
After adding value to multifamily properties, investment dividends go toward other strategic investments, thanks in part to Waco's growing economy and infrastructure.