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Property News

Location American Property News for 21 November 2016

Developers Eye Office-to-Warehouse Conversions

Wall Street Journal - 21 Nov 2016 04:08
Property developers wouldn't typically consider replacing an office building with a warehouse, but in parts of New York and New Jersey, a red-hot warehouse market driven by the rise of e-commerce has upended that.
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GE Sells Connecticut Headquarters for $31.5 Million

Wall Street Journal - 21 Nov 2016 22:33
General Electric sold its former global headquarters in Fairfield, Conn., to Sacred Heart University for $31.5 million.
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Higher mortgage rates scuttle some sales

CNBC - 21 Nov 2016 18:19
For those with more of a financial cushion, the increase in monthly payments is just frustrating.
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