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HFF Closes on Suburban Birmingham’s 115,282 SF Cahaba Village
The shopping center houses Alabama’s only Whole Foods Market, something that HFF senior managing director Barry Brown says contributed to positive sales results in 2009.
Economy Watch: Beige Book Neither Glum Nor Glib
It’s not a double dip, just less of a recovery.
SL Green to Trade Midtown Manhattan Office Building for $123.2M
Continuing its portfolio repositioning strategy, New York City-based SL Green Realty Corp. has inked a deal to sell the 292,000-square-foot office building at 19 West 44th Street to Deka Immobilien.
Economy Watch: CRE Prices Inch Up, Says Green Street
Green Street’s Commercial Property Price Index rose by 1 percent in August, the company said on Tuesday. Property values have now risen 25 percent from the 2009 trough, according to the index’s reckoning, which means that nearly half of the decline that occurred from 2007 to ’09 has been erased.
HFF Arranges $114M for Six-Property Industrial Portfolio
The facilities are located in Georgia, Illinois, Ohio, Pennsylvania and Texas and total 4.7 million square feet.
Work Underway on $202.7M FDA Building Outside Washington, DC
The project is part of the General Services Administration’s nearly $1.2 billion FDA headquarters consolidation endeavor.
Economy Watch: Government Takes Another Crack at Mortgage Woes
The Federal Housing Administration has unveiled another government effort aimed at dealing with the aftereffects of the housing bubble.
Kennedy Wilson and Partner Purchase 400-Unit Suburban L.A. Multi-Family Property for $81.5M
The real estate investment company joined forces with RECP/Urban Partners and Capri Capital Partners L.L.C., which acted on behalf of Capri Urban Investors L.L.C., to purchase the property from California Urban Investment Partners for $81.5 million.
Tennessee Town to Play Home to New $120M Whirlpool Manufacturing Facility
The international home appliances manufacturer and marketer, which presently has a century-old facility in Cleveland, looked around before deciding to rebuild in the city instead of constructing in a new locale.
Economy Watch: Pending Home Sales Surprise With Uptick
The National Association of Realtors said on Thursday that its pending home sales index increased in July to 79.4, a rise of 5.2 percent.