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David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
LONDON—Dispositions of French commercial property returned 9% in the 2015 full year, but income return on leases was weak.
RIALTO, CA—JLL has negotiated with Prologis to extablish a new West Coast distribution center for the world's largest retailer of musical equipment.
HOLLYWOOD, FL—Grandbridge Capital provided a $13-million first mortgage for Sterling Square.
MIAMI—CRE information provider continues national expansion while entering one of top 10 MSAs.
IRVINE, CA—Meanwhile, investment home prices rose 8.5% in March.
POMONA, CA—Cushman & Wakefield represented both buyer and seller/lessee Konica Minolta.
SAN DIEGO—More than $90M in sales recorded during first weekend of private sales.
NEWPORT BEACH, CA—The two owners of four parks refinanced the properties as 10-year-old debt was coming due.
EUGENE, OR—Riverwalk Apartments sold for $158,000 per unit after HFO Investments searched for buyers.
NEW YORK CITY—AllianceBernstein continues to expand its alternative investments platform and capitalize on private credit opportunities.