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PRESS RELEASE: Grosvenor Americas Acquires 195-Unit San Francisco Bay Area Apartment Community
2013-08-30 17:29:00| National Real Estate Investor
Leslie Braunstein Grosvenor Americas (GA) has acquired Carlmont Woods Apartments in Belmont, CA, an affluent suburb within the San Francisco Bay Peninsula. This 11.5-acre garden apartment community with 195 studio and one-bedroom apartments was built in 1971 and enjoys an excellent location just 13 miles south of the San Francisco International Airport and only five minutes from both US 101 and I-280, the two major north-south freeways leading to downtown San Francisco, Palo Alto, Mountain View, and San Jose. read more
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PRESS RELEASE: Cronheim Mortgage Finances Mountainview Terrace Apartments
2013-08-30 17:26:00| National Real Estate Investor
Allison Moravec Dev Morris and Andrew Stewart of Cronheim Mortgage have arranged financing totaling $9,300,000 for Mountainview Terrace apartments, located on Pollock Road, in Albany County, NY. The 10/30, fixed-rate financing was arranged for the borrower, Mountainview Terrace Apartments, LLC. Cronheim Mortgage services this loan which was structured with a flexible prepayment schedule. read more
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PRESS RELEASE: Cushman &Wakefield Arranges 11,000-Sq.-Ft. Lease for Pilkington in Clifton, N.J.
2013-08-30 15:53:00| National Real Estate Investor
Evelyn Weiss Francisco Glass manufacturer Pilkington North America, Inc. has leased 11,000 square feet at 125 Kingsland Ave. in Clifton, announced Cushman & Wakefield, Inc. Bonni Heller of Cushman & Wakefield's East Rutherford office orchestrated the long-term transaction. The new location is one of nearly 100 Pilkington automotive glass replacement facilities in the United States. read more
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PRESS RELEASE: Cushman & Wakefield Arranges Sale of Greenwood, Ind., Industrial Property
2013-08-30 15:39:00| National Real Estate Investor
Evelyn Weiss Francisco A 450,000-square-foot Greenwood distribution property at 700 Commerce Parkway has sold for $15.75 million. The sale - from Cohen Asset Management to an affiliate of Industrial Income Trust Inc. - drew significant investor interest, reflecting continued strength within the Indianapolis industrial market, according to Cushman & Wakefield, Inc. read more
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PRESS RELEASE: Cushman & Wakefield Inks Headquarters Lease for 3D Exhibits in Schaumburg, Ill.
2013-08-30 15:32:00| National Real Estate Investor
Evelyn Weiss Francisco 3D Exhibits, Inc. has signed a long-term lease for a 250,000-square-foot headquarters located at 798-800 Albion Ave. in Schaumburg, Illinois, announced commercial real estate services firm Cushman & Wakefield. The full-building lease marks a consolidation and expansion move for the corporate exhibit and events company; it also represents the largest industrial transaction completed in the Village of Schaumburg in the last three years. read more
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