Jason Jarjosa

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    Office development reached a cycle high of 2.3 million square feet in 2017, marking a 53.7 percent year-over-year increase. Construction has picked up in less popular areas such as Jefferson Corridor and downtown Long Beach, while North Hollywood emerged as the most active suburban submarket.

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    Binswanger represented Federal-Mogul Corp. in the sale of a 200,000-square-foot building in Orangeburg. The new owner plans to expand the asset by roughly 500,600 square feet.

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