Outside the Region: Heiss of Largo secures $7.8 million financing for 410,000 s/f industrial building

Tampa, FL Kevin Heiss, managing director of Largo’s Canadian operations, secured $7.8 million in financing for the acquisition of a 410,000 s/f industrial building. The property is situated on a 27-acre site in an industrial node of East Tampa off of Highway 301. Heiss arranged a 10-year, fixed rate first mortgage with 25-year amortization through one of Largo’s correspondent life insurance companies.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

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N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

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Newmark represents Niobrara Capital in 11,000 s/f lease at Marx Realty’s 545 Madison office tower

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