DDM Development and Services

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    The commercial bank added 20,691 square feet to its space at Empire State Realty Trust’s Midtown office tower, bringing its total square footage to 111,872.

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    HFF worked on behalf of the buyer to arrange a seven-year, 4.6 percent fixed-rate acquisition loan for its purchase of Westgate I, a four-story, 249,00-square-foot asset.

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    As of October 31, publicly traded U.S. Equity REITs posted a 0.98 percent one-year total return.

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