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PRESS RELEASE: Philadelphia Multifamily Trades for $13 Million

2013-10-16 16:33:00| National Real Estate Investor

Gina Relva Marcus & Millichap Real Estate Investment Services arranged the sale of Beechwood Gardens, a 160-unit apartment property in northeast Philadelphia. The asset sold for $13 million which represents $81,250 per unit. read more

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PRESS RELEASE: The Besen Group Sells 50,000 SF Office Building in Forty Five (45) Days

2013-10-16 16:30:00| National Real Estate Investor

Jennifer Peters The Besen Group announced the sale of 1 Main Street, Eatontown, N.J. by Monmouth County specialist Zachary Tuckman and Managing Partner Jonathan B. Horn. The subject property comprised of 74 units measuring 50,466 gross sq. ft. It sold for $1.5 million. read more

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PRESS RELEASE: Poskanzer Skott Architects Designs New Corporate Headquarters for Mediacom Communications

2013-10-16 16:27:00| National Real Estate Investor

Donna Gould The project encompasses 110,000 sq. ft. of space. read more

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PRESS RELEASE: SL Green Expands Bloomingdales At 919 Third Avenue

2013-10-16 16:23:00| National Real Estate Investor

Melanie Keenan SL Green Realty Corp. announced that Bloomingdales has expanded its office space at 919 Third Avenue by signing a 10+year lease covering 47,763 sq. ft. on the entire sixth floor of the building. Bloomingdales now occupies a total of 204,442 sq. ft. read more

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PRESS RELEASE: Newcastle Limited Closes on $26.9 Million Loan Refinancing of 707 W. Sheridan and 532 W. Roscoe

2013-10-15 22:53:00| National Real Estate Investor

Laura Giampietro Newcastle Limited announced the closing of two loans with a combined balance of $26.9 million for the refinancing of 707 North Sheridan Road and 532 West Roscoe in Chicago. The existing CMBS loans were prepaid via defeasance. read more

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