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Macy's will focus on building out its luxury segment among other growth strategies.
The buyer was Interface Properties.
The plan would need to pass Congress.
The seller was Artis REIT.
Warner Bros. will be the main tenant through a sale-leaseback.
Broadrange plans on using some of the property for distributing solar panel components.
Walker & Dunlop arranged the financing with Aareal Capital.
It paid $29 million for three mixed-use assets.
Many of the transactions are being generated from its JVs.
ngka Investments will own one-third of 570 Fifth Ave., a one-million-square foot building that Extell plans to develop.