“The National offers everything that investors nowadays expect of a hausInvest investment, a redeveloped landmark building in a prime location geared to modern users at an attractive price with a reliable cash flow and the potential for value appreciation through active asset management,” says Henning Koch of Commerz Real.
The new 200,000-square-foot processing facility is expected to save 60,000 tons of carbon annually by using post-consumer materials and produce 80 million pounds per year of food-grade rPET pellets.
“Desirable medical office properties located in markets with strong demographics are the types of attractive acquisition opportunities we continue to seek for the remainder of 2018 and into next year,” says Inland Real Estate Acquisitions' Mark Cosenza.
“We want to make fire safety a priority in New Jersey to prevent against the vulnerabilities of combustible materials that can allow fires to spread rapidly,” said NJ Senate President Steve Sweeney.
"We continue to seek quality long-term, single-tenant, net lease office assets on behalf of our institutional clients," says Damian Taylor, senior vice president at Arch Street Capital Advisors.
R2 Companies is expanding its Midwest creative office holdings with acquisition of a 525,000 square-foot, 11-building portfolio in downtown Minneapolis & Milwaukee.
The acquisition of ABC is accretive to earnings and part of a plan to consolidate the building products distribution sector on a national scale, says Timothy Meyer, a co-founder and managing partner of Angeles Equity Partners.