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Property News

Location American Property News for 8 August 2017
A Bay Area couple bought San Francisco's Presidio Terrace for a mere $90,000 at a little-known auction and is considering charging residents to park.
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Shortage of Industrial Space on Long Island Squeezes Tenants

Wall Street Journal - 8 Aug 2017 21:50
Long Island's shrinking industrial space has placed expanding tenants in a tough spot, forcing them to look east to Suffolk County and off the island entirely, according to real-estate services firm JLL.
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CNBC's Aditi Roy reports how one couple bet big on an auction of a private street in San Francisco.
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Since Trump won the Republican nomination, 70% of his companies' real estate sales are to secretive shell companies, USA Today reports.
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Some of the extremely wealthy residents of Presidio Terrace were not aware their street was up for sale and are not pleased it has been sold.
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One savvy investor has bought up a whole street in the city's most exclusive neighborhood for a mere $90,000.
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