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A private investor bought the 10,378 square foot CVS for $4.5 million.
The 96-unit apartment complex is part of firm's Fund III.
Service Properties Trust was the seller of the 2,155-room portfolio.
Rickenbacker Global Logistics Park Rail Site 8 is 100% leased.
This transaction marks the eighth acquisition for Longpoint's recently closed Specialty Grocer Fund I.
JV secures $136 million construction loan for the 393-unit luxury rental community in Norwalk, CT
St. John Properties plans to develop 324,636 square feet of spec office space this year.
The newly renovated apartments are in the Palmer Park submarket.
The first phase of the Ashburn development will be available in Q3 of 2024.
The financing will allow the owners to complete their upgrades.