David Loeb

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    The Muller Co. has teamed up with Cerberus Capital Management to acquire Canyon Park Technology Center, a 924,634-square-foot campus in Orem, Utah.

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    The acquisition will enhance the Paris-based global hospitality company’s presence in Europe, as well as its footprint in emerging markets of the Middle East, Africa and Asia-Pacific.

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    JBG Smith sold the 231,000-square-foot Class A office asset in the city’s CBD for $140 million. The global financial services giant is expected to move in by 2021.

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  • Blackstone Sells NYC Office Tower for $640M

    The company found a buyer for the 683,000-square-foot 5 Bryant Park in Midtown Manhattan with the assistance of JLL and HFF. JLL also arranged $463 million in acquisition financing.

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