CoStar Group, a leading online real estate platform, has purchased a 552,000 square foot office building in Arlington, Virginia, for an undisclosed amount. The company plans to move its Washington, D.C. employees to the new location by 2025, taking advantage of nearly $7 million in tax and economic incentives. The company, which has over 6,200…
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McKaY agrees £19 million disposal of Great Brighams Mead
LONDON, UK: McKay Securities Plc has exchanged contracts to sell the freehold interest of Great Brighams Mead, a prominent office building located in Reading’s town centre, to residential property developer King’s Oak. The sale price of £19.00 million (£224 psf) reflects a premium of 21.0% to the 30 September 2021 book value. Completion of the…