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Top News In பெருநகர ரியல்டீ கூட்டாளிகள் Today - Breaking & Trending Today

MRA, Angelo Gordon close on first acquisition of new industrial equity fund

MRA, Angelo Gordon close on first acquisition of new industrial equity fund
rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.

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Hartford's distribution real estate market is red hot; get a peek inside a modern logistics warehouse

Hartford's distribution real estate market is red hot; get a peek inside a modern logistics warehouse
hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.

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AIG funds $51M refinancing of Matsil Building in LIC

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North River Company (NRC) and North Colony Asset Management
(NC) have refinanced the Matsil Building in Long Island City with a $51 million
loan from affiliates of AIG.
Cushman & Wakefield served as the exclusive advisor to a
joint venture owners is securing the fixed rate financing for the 312,513 s/f industrial
property that is fully leased to Maquette Fine Art Services, Ralph Lauren
Corporation and Motorola Solutions and features an adjacent half-acre parking
lot and direct interior loading docks.
NRC and North Colony bought the one-time factory building
from Metropolitan Realty Associates and TH Real Estate for $72 million in 2018.
“Since acquiring the property in December 2018, ownership ....

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MRA buys CT distribution center for $50M | Real Estate Weekly

Clarion Partners provided equity for the venture through its Clarion Partners Real Estate Income Fund Inc. (CPREIF).
Originally constructed by SunCap Property Group in 2012 and expanded in 2015, the Class A property features 31.5 ft. clear ceiling heights, 42 by 48 ft. column spacing, 72 trailer spaces, 75 long-trailer spaces and 99 dock bays specifically designed for heavy distribution uses.
The tenant has 10 years remaining on its initial lease with two, five-year options to extend its term at the distribution center where the company handles thousands of small-package ground deliveries every day throughout Connecticut and north to Massachusetts.
“Central Connecticut is an established logistics market in the northeast providing direct access to Boston and New York City, two of the most dense markets on the eastern seaboard and we are excited about the long-term prospects of this property and the strength of the South Windsor/Hartford market,” said Farkas. ....

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