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in Reno, Nevada. The 104 acres of developable land is located
in the Tahoe Reno Industrial Center (TRIC), where MEPT acquired USA Parkway
Distribution Center I and II in December 2007. MEPT purchased the land to serve
as expansion space for tenants at USA Parkway Distribution Center
The 383,030 square foot office building
is located in Chicago’s Central Loop submarket with easy access to
multiple public transportation alternatives, including the elevated train,
suburban and commuter rail lines, and numerous bus lines.

Trammell Crow Company has acquired 104 acres of land within the Tahoe-Reno Industrial Center in McCarran, Nev., on behalf of Multi-Employer Property Trust (MEPT), a commingled real estate equity fund.
A joint venture between local developer Hamilton Partners and a giant pension fund paid nearly $59 million for 20 N. Clark St., a nondescript office tower in the Central Loop, in a deal that reflects the strength of well-financed buyers amid the long, drawn-out credit crisis.
Booz Allen Hamilton Inc., a McLean, VA-based consulting company,
has signed a five-year lease for 11,584 sf at Columbia Center I. The deal
bumps occupancy to 94%.
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GlobeSt.com
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Trammell Crow acquires 104 acres in Tahoe-Reno Industrial Center
Trammell Crow Company has acquired 104 acres of land within the Tahoe-Reno
Industrial Center in McCarran, Nev., on behalf of Multi-Employer Property
Trust (MEPT), a commingled real estate equity fund.
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Mar. 26, 2008 |
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GlobeSt.com
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Booz Allen Hamilton Inc. Signs Five-Year Lease
TROY, MI-Booz Allen Hamilton Inc., a McLean, VA-based consulting company,
has signed a five-year lease for 11,584 sf at Columbia Center I. The deal
bumps occupancy to 94%. The 251,620-sf building at 201 W. Big Beaver Rd.
is owned by the Multi-Employer Property Trust, which is managed by an
asset management firm based in Washington, says Doug Krieger, senior associate
with CB Richard Ellis in Detroit. .
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Mar. 26,
2008 |
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| Crain's Chicago Business
News |
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Strong capital helps venture win 20 N. Clark
A joint venture between local developer Hamilton Partners and a giant
pension fund paid nearly $59 million for 20 N. Clark St., a nondescript
office tower in the Central Loop, in a deal that reflects the strength
of well-financed buyers amid the long, drawn-out credit crisis. Itasca-based
Hamilton and the Washington, D.C.-based Multi-Employer Property Trust
paid all cash for the 36-story structure in a deal that closed March 6,
property records show .
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Mar. 19, 2008 |
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CoStar
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Avenue A Razorfish Inks Deal at 303 2nd St.
Avenue A Razorfish, an online marketing company, signed a seven-year lease
for 42,659 square feet at 303 2nd St. in San Francisco. Jim Dublin and
Ze Figueirinhas of Jones Lang LaSalle represented the tenant, while Christopher
Roeder and Theodore Davies of JLL in San Francisco represented the landlord,
Multi-Employer Property Trust.
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Mar. 4, 2008 |
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CoStar
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National Research Group Expands in Alexander Park
Mathematica Policy Research Inc. (MPR) inked a 10-year renewal and expansion
lease for 107,154 square feet at 600 Alexander Park in Princeton, NJ.
Carolyn Sica and Adam Englander of CB Richard Ellis represented the landlord,
New Tower Multi-Employer Property Trust. Robert Morford of Morford & Dodds
Realty Inc. represented the tenant
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Feb. 11, 2008 |
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Portland Business Journal
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Industrial Action
Coffee Bean International Inc. has leased 114,000 square feet of industrial
space at 9120 N.E. Alderwood Road. Scott Kappes of Capacity Commercial
Group represented the landlord, NewTower Trust Co., a multi-employer property
trust. Gary Randles of Cushman & Wakefield represented Coffee Bean
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Jan. 28, 2008 |
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GlobeSt.com
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Dentemax Takes 43,676 SF at Riverside Center
SOUTHFIELD, MI-Dentemax, the dental insurance subsidiary of Blue Cross
Blue Shield of Michigan, has leased 43,676 sf of office at the 200,000-sf
Riverside Center here. The 66%-occupied building is owned by NewTower
Trust Co. Multi-Employer Property Trust
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Jan. 23,
2008 |
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CoStar
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Beverly Healthcare Leases North By Northwest Space
Beverly Healthcare LLC, a nursing center firm, signed a deal to take 32,826
square feet at 8460 Bearing Drive, at North By Northwest in Indianapolis.
North By Northwest III is a 207,220-square-foot industrial building that
was completed in 1994. The property features 24-foot ceilings and four
drive-in bays. New Tower Multi-Employer Property Trust, which is based
in Washington, DC, owns the building.
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Jan. 16, 2008 |
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