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The reasons: institutional demand for commercial real estate is much stronger than in the past and there is a growing acceptance of using as less leverage to finance deals.
Together, Quinn and Niddes are responsible for elevating the group's promotional programs, strengthening partner relationships and increasing sales with the overarching goal of driving more visitors to Lehigh Valley.
The developer also acquired the six-story office condominium in the building from VMLY&R reportedly for $266 million, finally gaining full control of the property.