Ralph Wilson

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    A joint-venture between Foulger-Pratt and a global real estate investment management firm sold the Class A asset in Silver Spring, Md., to Healthcare Realty in an off-market transaction.

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    The company purchased the 27-property portfolio from Hines, which assumed management of it two years prior. Along with its listing brokers, Hines brought the portfolio from 73 to 90 percent leased.

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    Following the transaction’s closing, American Realty Capital Healthcare Trust III expects to liquidate and dissolve. The sale comprises 19 properties totaling approximately 468,000 square feet.

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    American Realty Advisors and Stonemar Properties purchased Ballantyne Village, an entertainment-driven retail asset in Charlotte, N.C. Berkeley Capital Advisors represented seller MV Ballantyne Village LLC.

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    Jonathan Meisel will bring more than 30 years of experience in commercial real estate to his new role. Prior to joining the firm, he held senior-level positions at both JLL and Cushman & Wakefield.

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