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    Canadian investment group Prime Developments closed its second value-add hotel acquisition in the Houston area, with the purchase of Holiday Inn Express & Suites Houston East in Baytown, Texas.

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    Legacy Professionals and Regent Surgical Health closed agreements at 4 Westbrook Corporate Center in Westchester, Ill. The total leased space amounts to more than 26,000 square feet.

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    As today's buyers search for yield, properties with shorter lease terms have become sought-after investments for a certain sophisticated investor pool, notes Andrew Watson, managing director & leader of Transwestern's National Net Lease and Sale-Leaseback Group.

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    The company’s newest self-storage facility leased 77 units in April 2017, exceeding 10 Federal’s prior single-month record of 48 leases achieved in May 2016.

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