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    Speaking at a recent NYU Stern School of Business conference, Boston Fed President Eric Rosengren pointed to some favorable tailwinds accompanying rising CRE valuations, but stressed the importance of evaluating how a potential recession could affect the financial system.

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    The three-building park in Norwalk, Calif. changed hands for $14.1 million and is 98 percent leased to a variety of tenants, including Ford Motors.

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    Mike Morrone has been named market director for the company’s Philadelphia office, while Tony Juliano will begin operating as JLL's COO.

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    Somerset Properties and Greenfield Partners LLC selected Colliers as the exclusive agent for the disposition of 400 and 406 Lippincott Drive in Marlton, N.J. The two Class A office buildings total more than 80,000 square feet.

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  • Adecco Establishes Flagship Office in Manhattan

    The company has inked a long-term lease for an entire floor at 1040 Ave. of the Americas. NGKF represented the owner, Skyline Developers, while CBC Advisors acted on behalf of the tenant.

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  • Phillips Edison Expands Holdings With Illinois Retail Buy

    The REIT is on a mission to enlarge its grocery-anchored shopping center business, this time with the purchase of a Chicago suburb property anchored by local chain Mariano’s.

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    Kloeckner Metals intends to add 50,000 square feet to its existing Greenville County operations. The Georgia-based company will create 19 jobs.

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