Laird Norton Properties

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    In a deal brokered by NAI James E. Hanson’s Andrew Somple and Michael Walters, The Hampshire Cos. disposed of a industrial/flex building in Northvale, N.J.

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  • Rare MD Industrial Asset Up for Sale

    The seven-building portfolio is situated in Hanover, seven miles from BWI Marshall Airport, offering approximately 500,000 square feet of space in a heavily supply-constrained market.

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    UWorld will take up approximately 50,000 square feet at 9111 Cypress Waters Blvd., within the Cypress Waters development.

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    Totaling 651,216 square feet across 16 states, the portfolio traded for more than $211 million. Joe Consenza, David Neboyskey and Kristin Orlando facilitated the transaction.

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    The team is spearheading leasing efforts on behalf of the building owner, who will also consider acquisition offers for the property.

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  • Rapid Growth in Raleigh-Durham

    The metro continues to appeal to investors who are being priced out or struggling to find high acquisition yields in major markets. The combination of job and population growth has generated a strong demand for apartments, with average rents reaching $1,075.

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    The March construction unemployment rate was the lowest on record, matching the 8.4 percent rate in March 2001, according to Markstein Advisors Chief Economist Bernard Markstein, who conducted the analysis for Associated Builders and Contractors.

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  • Pure Industrial Takes 2 in Texas

    The Vancouver, B.C.-based REIT has acquired the 1 million-square-foot Cedar Port Distribution Centre in suburban Houston, along with 16 acres of land in San Antonio.

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