Bank of America provided a $32 million loan to help fund the venture's acquisition. Newmark brokered the deal and arranged the debt. The property, at 456 Sullivan Ave., is fully leased to FedEx, which has about 10 years remaining on ...
Commercial Observer A venture of Metropolitan Realty Associates and Clarion Partners has paid $50 million, or about $164.34/sf, for a 304,249-square-foot industrial property in South Windsor, N.J. SunCap Property Group sold the property, which was developed in 2012. Bank of ...
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