2m s/f mixed portfolio sold.Broad Street Advisors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of announced the sale of the 2M s/f Pratt Industrial/Office Portfolio, located in Longmont, Colorado for $142 million. The Seller was Pratt Land B, LLC, which is headed by Susan Pratt, who developed the park with her late husband Ken Pratt. The portfolio contains regional facilities for notable NYSE NYSE See: New York Stock Exchange listed companies including Maxtor, AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. , National Semiconductor. The portfolio was sold through the efforts of Broad Street Advisors and Morgan Stanley to a partnership of Invesco Real Estate of Dallas and Circle Capital of Denver. Keith Broemmer and Robert Rizzi, senior partners with Broad Street, handled the transaction. "Following vigorous bidding, Invesco/Circle Capital stepped up to make the deal happen among stiff competition", Mr. Broemmer said. He added, "At $71.50 per square foot, this sale sets a record for similar portfolio transactions above 1.5 million feet". |
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