Urban Escape

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    In this month’s Economist’s View, Hugh Kelly explains why you should prepare for a recession that’s likely coming in 2019.

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    Tom Farmer has more than a decade and a half of commercial real estate experience. His track record includes positions with Franklin Street, CBRE and Terranova Corp.

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    Evergreen Devco has sold the newly constructed asset for $8.9 million. The sale closed with market-leading pricing for the Colton submarket, at a 5.5 percent cap rate.

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    The Centennial Express Building sold for $6 million and is home to tenants such as the Palm Medical Center and the Social Security Administration. Cushman & Wakefield represented the seller in the transaction.

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