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    Greenlaw Partners and Westbrook Partners acquired Centerpointe La Palma, a 10-building, 525,560-square-foot business park in La Palma, Ca. At the time of sale, the asset was 89 percent leased.

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  • JLL Arranges Sale-Leaseback of Austin Health Facility

    STORE Capital has purchased an 18,313-square-foot rehabilitation facility from Mentis Neuro Health, which will lease back the property for a 15-year term.

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  • Employment Picture

    For unemployment, the most significant decrease was in the installation, maintenance and repair occupations with 30 percent, followed by professional and related (-22.9 percent) and office and administrative support (-18.3 percent).

    14 April 2017 19:44
  • Park Madison Partners Welcomes Veteran

    Amy Cummings has been tapped as the firm’s newest partner, bringing more than three decades of expertise in acquisitions, asset management, portfolio management and investor relations.

    15 May 2017 14:34
  • Greysteel Opens First NYC Office

    In order to accommodate the company’s continuing growth throughout the Mid-Atlantic, Greysteel will be opening a new location in Brooklyn Heights. The new office will be co-led by Michael Stimler and Ari Firoozabadi.

    06 April 2017 14:46
  • Texas Shopping Center Lands $13M Refi

    JLL secured the loan for Forum at Soncy, a 64,914-square-foot, Class A retail center in Amarillo. The retail asset is currently 93 percent leased.

    20 June 2017 15:12
  • Economy Watch: Bioscience Firms Will Pay Premiums for Prime Space

    Life sciences employers are willing to pay high rents to be near hard-to-find talent. With laboratory space being scarce and rents continuing to rise, firms are facing the pressure to make their spaces desirable while keeping costs under control.

    16 October 2017 13:29
  • New Homewood Suites by Hilton Opens in Aurora, IL

    The 146-key extended-stay hotel is part of the Meridian Business Park. Sun Development and Management owns the asset that offers a combination of studio, one- and two-bedroom accommodations, with separate living areas.

    12 July 2017 14:09
  • Irgens Ready to Build 350 KSF Milwaukee Office Tower

    The developer acquired the BMO Harris Bank building and plans to develop a new 25-story BMO Harris Financial Center—where the bank will serve as anchor tenant—on an adjoining parking lot.

    04 August 2017 11:33
  • Grandbridge Secures 221 KSF Minnesota Industrial Loan

    The company arranged the five-year non-recourse, fixed-rate loan through Nationwide. The loan closed with an interest rate of less than 4 percent.

    26 May 2017 19:38