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    The six properties include 2,391 units and are located in Memphis, Tenn. and Northern Mississippi. Marcus & Millichap marketed the portfolio on behalf of the seller, Amsdell Cos., and procured the buyer.

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    Faris Lee Investments has arranged the sale of Gateway Center, an 89,625-square-foot property that was 95 percent leased at the time of the transaction.

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  • Hotel Okura Expands Into Myanmar

    The 390-key luxury hotel will be constructed on the site of the former Defense Services Museum, within a commercial complex set to include both office and retail.

    01 August 2017 13:35
  • Hines to Develop First San Antonio Multifamily Project

    The development will be located on 11.4 acres within the retail power center The RIM and will total 380,000 square feet.

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  • Madison Realty Capital Sells Richmond Plaza

    The 155,781-square-foot retail center in Richmond, Mich., sold to Statewide Richmond LLC in an off-market transaction. The property has nearly 39,000 square feet available for lease.

    10 July 2017 16:27
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    CIM Group formed a joint venture with data center builder fifteenfortyseven Critical Systems Realty to acquire a 7.3-acre property. The partners will build the first San Francisco data center in more than a decade.

    11 August 2017 12:10
  • Neiman Marcus-Anchored Shopping Center to Open This Fall

    Louis Vuitton, Burberry and Tiffany & Co. will join the upcoming Shops at Clearfork, after Neiman Marcus opened its 90,000-square-foot store on the premises. Simon teamed up with Cassco Development Co. to develop the southwest Fort Worth, Texas, shopping center.

    25 May 2017 11:25
  • AY Adds Tenant to Raleigh Office Development

    The four-story Wade IV will receive LEED Gold certification upon completion in early October and is part of a mixed-use campus dubbed the Offices at Wade.

    15 September 2017 14:23
  • Expo Real 2017: The French Connection

    In the wake of Brexit, Paris is betting big on the future of its real estate. First stops: a $41 billion infrastructure project and the 2024 Olympic Games.

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  • Eds and Meds Spur Growth in Pittsburgh

    Despite a slowly shrinking population, the city’s multifamily market remains steady, bolstered by increased hiring in recession-resistant sectors. Through May, rents rose 0.3 percent, trailing the nation’s 1.5 percent rate, Yardi Matrix data shows.

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