Schuylkill Yards

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    The joint venture acquired The Elara, one of the largest timeshare properties in the world. The asset features four penthouse floors, retail and 17,000 square feet of ballroom space.

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    Formerly owned by Robert Coleman Trust, the office building is located in Tempe, Ariz., and encompasses more than 34,000 square feet.

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    So far in 2017, the top 10 cities for office absorption include several tech-focused markets, including Brooklyn, Seattle and Santa Clara, Calif., according to a new Cushman & Wakefield report.

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    In their sixth joint venture, the partners purchased a group of assets totaling 2.5 million square feet spanning eight states. Locations include Chicago, Milwaukee, Minneapolis and more.

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    The acquisition of Brenner Real Estate Group expands the company’s footprint in Broward and Palm Beach counties.

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  • The Last-Dollar Mindset

    Private equity funds have a tremendous amount of liquidity, but they are becoming increasingly selective in the types of projects they finance as the cycle appears to be peaking, notes Avison Young Principal Jay Maddox.

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  • NAI Closes Bay Area Shopping Center Sale

    The company represented both the buyer and the seller of the 50,047-square-foot neighborhood center in Newark, Calif., in this off-market transaction.

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