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Miller will serve as EVP and market leader overseeing the Washington DC area offices.

Some $2.5 billion in commitments from public pension funds and other institutional investors are expected.

A private East Coast buyer in a 1031 Exchange purchased the asset free and clear of existing financing.

“At just 4.1%, the Greater Philadelphia vacancy rate is considered 'typical' by local standards at the peak of a construction boom highly concentrated within Center City,” says Gebroe-Hammer's Eli Rosen.

Built in 1970, Parkside at Camp Creek Apartments is located just southwest of Atlanta's central business district.

The law firm and lobbying group based in Washington, DC has moved its New York office, leasing 76,000 square feet at 1301 Avenue of the Americas.

The lease brings the Feil Organization's building to 100% occupancy.

As part of the deal Greystar and Blackstone are acquiring a portfolio of off-campus student housing for $1.2 billion.