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PRESS RELEASE: Marcus & Millichap Arranges Record-Breaking Walgreens Sale

2013-07-12 16:08:00| National Real Estate Investor

Cayce Connolly Marcus & Millichap Real Estate Investment Services, the nations largest real estate investment services firm, has arranged the sale of a 9,988-square foot Walgreens drugstore in St. Albans, a neighborhood in the New York City borough of Queens. The sales price of $12,550,000 equates to $1,257 per square foot, which is the highest price per square foot achieved for a Walgreens in New York City so far this year. read more

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PRESS RELEASE: Cushman & Wakefield Inks Sale of Montclair Redevelopment Site

2013-07-12 16:02:00| National Real Estate Investor

Joia Pisani The sale of a Montclair redevelopment site has closed, paving the way for a mixed-use project at 638 Bloomfield Ave. read more

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PRESS RELEASE: Mid-America Handles $30M Sale of Colerain Towne Centre in Cincinnati

2013-07-12 15:28:00| National Real Estate Investor

Jonelle Kearney Oakbrook Terrace, Ill.-based Mid-America Real Estate Corporations Investment Sales Group recently brokered the sale of Colerain Towne Centre, a 400,000-square-foot power center in Cincinnati. A private real estate company purchased the center for $30 million from New York-based Kimco Realty. read more

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Smithfield CEO Tells Senate Committee that Chinese Sale Provides Growth Opportunity

2013-07-12 13:14:00| National Hog Farmer

Source: Food Safety News & The New York Times Larry Pope, chief executive officer of Smithfield Foods, told a sometimes skeptical Senate Agriculture Committee this week that the $4.7 billion acquisition of Smithfield Foods by Chinese company Shuanghui International would mean more jobs, increased pork exports and, ultimately, more opportunities for company growth. read more

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Congress Asked to Approve $250 Million Arms Sale to Greece

2013-07-12 12:20:14| Paper - Topix.net

The Defense Security Cooperation Agency notified Congress [link opens in PDF] Thursday of plans to sell the Greek military $250 million worth of spare parts for use in repairing and maintaining United Technologies F100-PW-229 engines.

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