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NEW YORK, N.Y. - August 3, 2011 - (RealEstateRama) -- Sabey Data Center Properties has acquired a principal condominium interest encompassing 29 floors of the 32-story building at Manhattan's 375 Pearl Street, commonly known as the Verizon Building, for $120 million. Sabey was represented in the transaction by Sean Brady of the East Rutherford, N.J. office of Cushman & Wakefield, Inc., and Jeffrey Heller of the firm's Midtown New York office. Youngwoo & Associates, Sabey’s local partner, was represented by Ron Solarz of Eastern Consolidated. Sellers M&T Bank and Taconic Investment Partners were represented by C.B. Richard Ellis.

N.J. - August 3, 2011 - (RealEstateRama) -- Cushman & Wakefield released midyear 2011 statistics for the U.S. industrial market that show the overall vacancy rate for New Jersey has declined. At the same time, the overall vacancy rate for the U.S. has declined to a two-year low.

EUGENE, OR - August 3, 2011 - (RealEstateRama) -- With new accounts being added daily, IDX, Inc. announces the latest addition to the growing network of agents and brokers utilizing the immensely dynamic IDX Broker software: Indianapolis real estate pr...

RALEIGH, N.C. - August 3, 2011 - (RealEstateRama) -- … Crescent Resources, LLC marked the beginning of Gallery at Cameron Village with a groundbreaking ceremony today. The $50 million apartment project will bring the first multifamily residential experience to Raleigh’s premier shopping and dining district.The landmark project at Clark Avenue and Oberlin Road will feature 282 apartment homes and 16,000 square feet of retail space. The first apartments are scheduled to be available in spring 2013.

New York, NY - August 3, 2011 - (RealEstateRama) -- Paramount Group, Inc., New York’s largest privately held international real estate investment and management firm, has recapitalized a 49 percent interest in its 1633 Broadway office tower. Affiliates of Morgan Stanley and Bank of America have exited the partnership and have been replaced by affiliates of Beacon Capital Partners, LLC and Paramount Group Real Estate Fund IV. SL Green Realty Corp. (NYSE:SLG) acquired a preferred equity interest as well. Paramount Group Real Estate Fund I retains its 51 percent controlling interest in the 2.5 million- square-foot Class A office tower where Paramount Group is headquartered. The prestigious tenant roster includes, Allianz, Time Warner, Deloitte LLP, Morgan Stanley, Dickstein Shapiro and Kasowitz, Benson, Torres & Freedman LLP

New York, NY - August 3, 2011 - (RealEstateRama) -- PCCP, LLC announced today it formed a joint venture with Montgomery, AL-based B&M Management Company to acquire The Reserve at Research Park, a 736-unit Class B multifamily property located at ...

Phoenix, AZ - August 2, 2011 - (RealEstateRama) -- “Celebrating the International Year of Youth: Youth as Leaders, Change Makers, and Connected Global Citizens” in Doha, Qatar, ended July 28. Hosted by Global Citizen Corps, this program of Mercy Corps was implemented in partnership with Reach Out to Asia, a Qatari non-governmental organization that works under the auspices of the Qatar Foundation.

HERNDON, VA - August 2, 2011 - (RealEstateRama) -- NAIOP, The Commercial Real Estate Development Association, is bringing its annual meeting to Scottsdale, Ariz., October 18-20. Development '11: The Annual Meeting for Commercial Real Estate brings together industry professionals from across North America to focus on the timely issues and trends influencing the transitioning commercial real estate market. Nearly 1,000 commercial real estate professionals representing all sectors of the industry are expected to attend the conference, held at the Fairmont Scottsdale Princess.

NEW BRUNSWICK, N.J. - August 2, 2011 - (RealEstateRama) -- With the addition of 45 new members in Q1 of 2011, NAIOP New Jersey, the commercial real estate development association, has seen its ranks grow. Established in 1970, NAIOP New Jersey is the leading commercial real estate, land use and economic development resource in the state. Through its link to NAIOP corporate, the New Jersey Chapter provides a direct connection to 18,000 members in North America.

Torrance, CA - August 2, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate brokerage firms in the country, has named Chris Lexis and Joe Leavitt vice presidents of its Las Vegas office. The move lends further proof that Lee & Associates is maintaining its profitability and nationwide growth despite operating in an economy riddled with financial uncertainty and corporate downsizing.

Somerset, NJ - August 2, 2011 - (RealEstateRama) -- Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that the New Jersey based corporate real estate advisory and transaction services firm completed another important real estate engagement on behalf of Agfa Corporation. In this case, Real Estate Strategies Corporation advised and represented Agfa Corporation in the negotiation of that company’s new U.S. headquarters. After completion of construction, Agfa is expected to relocate to approximately 36,000 square feet of first-class office space at River Drive Center 3, 611 River Drive, Elmwood Park, NJ. Agfa’s U.S. headquarters has been located at 100 Challenger Road, Ridgefield Park, New Jersey, for almost twenty-five years.

August 2, 2011 - (RealEstateRama) -- The first half of 2011 has seen significant capital allocated to real estate, but the market remains a "tale of two cities." The absolute right product continues to attract a great deal of interest, but if an asset is "slightly off," there is no action for it. That trend spans all four primary property types – retail, office, industrial, and multi-family.

EUGENE, OR - August 2, 2011 - (RealEstateRama) -- Don Preisser and IDX, Inc. have joined forces to bring thousands of Metrolist Denver (MTOMLS) listings to the fingertips of online Denver, Colorado home seekers. As a member of the MTOMLS, Preisser has ...

Washington, DC - August 2, 2011 - (RealEstateRama) -- We are excited to announce Joe Stumpf of By Referral Only as a Featured Speaker at the 16th Annual Luxury Real Estate Fall Conference.For more than 27 years, Joe Stumpf has dedicated his life to providing the leadership, business development systems, tools and resources to thousands of successful real estate agents and loan officers. Business professionals all across North America that have implemented Joe’s techniques have experienced more predictability, consistency and satisfaction in their businesses and life.

Irvine, CA - August 2, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail investment advisory firm, has completed the $6.6 million sale of a NNN leased, single-tenant, 30,000 square foot property occupied by Best Buy loc...

Washington, DC - August 2, 2011 - (RealEstateRama) -- As the citizens of Joplin rebuild in the aftermath of the May tornados, the connection between home ownership, strong families and resilient communities has never been more salient. On Thursday, August 4, the National Association of Realtors® will join Joplin Mayor Mike Woolston in recognizing the efforts of Realtors® and others in restoring the homes and heart of the city.

West Hartford, CT - August 2, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Alan Cowgill, is announcing the CT REIA August 2011 monthly real estate investors meeting. This event will take place on Monday August 15, 2011 from 5:30pm to 9:00pm, at the Crowne Plaza Hotel on 100 Berlin Road in Cromwell, CT. Attendees are urged to show up on time and take advantage of the early bird workshop.

TUSTIN, CA - August 2, 2011 - (RealEstateRama) -- Gregory A. Fisher of Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announces the hiring of Britt Nelson and Ryan Gast to assist in the firm's expansion. Nelson, who joins the company as a vice president, will be involved in building Present Value Properties into a multi-state real estate brokerage and consultancy. Gast will be an associate broker responsible for managing and sourcing new retailer and landlord representation assignments. Present Value Properties exclusively represents a variety of chain retailers throughout Southern California including Gold Max, Menchie’s Frozen Yogurt, Southern Pizza Hut, and Payless ShoeSource. The firm currently has 650,000 square feet of retail space listed throughout Southern California

Palm Beach Gardens, FL - August 2, 2011 - (RealEstateRama) -- Oxford Global Resources is relocating to Corporate Center at The Gardens, taking 18,500 square feet in the beginning of October of this year. For Oxford, the move allows the IT/Telecom staffing firm to reflect their talent-focused culture, with inviting lounge areas, activity rooms and a fitness center—all intended to stimulate interactivity and community for the employees of Oxford.

New York, NY - August 2, 2011 - (RealEstateRama) -- Keller Williams NYC (www.kwnyc.com), the Manhattan franchise of leading real estate firm Keller Williams Realty Inc., has appointed Brandee Song as Associate Broker. As the founder of S Group Realty, she specializes in working with Korean investors looking to buy and sell property in New York City.