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  • M & J Acquires Meridian Plaza
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  • M & J Acquires Cranberry Square
    ALTO Real Estate Funds and M & J Wilkow Acquire Pittsburgh's Cranberry Square

    Chicago, Illinois (February 15, 2018) M & J Wilkow, Ltd. announced today that the Company, together with ALTO Real Estate Funds, has acquired Cranberry Square, a 195,165 square foot, 100% leased, market-leading retail center located in Cranberry Township, Pennsylvania.

    Cranberry Square is centrally located in one of greater Pittsburgh's most affluent and fastest growing suburbs. The property is home to top national retailers including Field & Stream, Best Buy and Barnes & Noble, and is shadow anchored by Walmart and Costco. Strategically positioned at the Township's most prominent intersection, Route 19 and Route 228, Cranberry Square sees traffic counts in excess of 70,000 cars per day.

    Marty Sweeney, Senior Vice President of Acquisitions for M & J Wilkow stated, "Cranberry Square provides us the opportunity to acquire great real estate in the region's fastest growing and most affluent submarket at a price that would have been unlikely just 18 months ago. The shopping center is home to many of the area's strongest performing and top name retailers, and will make an outstanding addition to M & J Wilkow's Pittsburgh portfolio."

    "Cranberry Square embodies the characteristics of a great real estate investment for our fund," says Scott G. Onufrey, President & Managing Partner at ALTO Real Estate Funds, "with irreplaceable real estate generating strong cash flow, and potential to add value over time as we recapture those spaces currently paying below market rents. The asset is shadow anchored by Walmart and Costco, both maintaining extremely high sales volumes in one of the fastest growing and most affluent suburbs of Pittsburgh. This bodes well for the long-term prospects for the property."

    The acquisition of Cranberry Square marks the fourth joint venture between M & J Wilkow and ALTO, and represents M & J Wilkow's tenth acquisition in Pittsburgh market. The Company's other Pittsburgh holdings include office properties 11 and 20 Stanwix Street, mixed-use office and retail project Penn Center East, and the iconic Waterfront Shopping Center.

  • 20 Stanwix to Renovate
    Chicago-based M & J Wilkow and its financial partner DRA Advisors are bringing a hotelier's approach to amenities to 20 Stanwix, while ramping up leasing efforts to replace the building's long-time anchor tenant, PNC Financial Services Group Inc.
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  • M & J Returns to Denver
    M & J Wilkow announced today that it has completed the acquisition of the Cherry Creek Corporate Center in Glendale, Colorado as part of a joint venture with a fund managed by DRA Advisors LLC. The Property consists of a 238,302 square foot, 12-story office tower and 4-story parking garage, and is located just five miles from downtown Denver and minutes from the heart of Cherry Creek.
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  • Hobby Lobby Relocates
    Hobby Lobby is moving right across the street.

    The company will vacate its 301 S. Veterans Parkway location in the Shoppes at College Hills and take over the former Gordmans at 306 S. Towanda Ave. in the same shopping center.

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  • Captivate Extends to 20 Stanwix
    With the announcement of a recently finalized partnership, Captivate will officially be extending its network into Pittsburgh. Captivate, Commercial Real Estate's #1 digital media amenity, already has a strong presence in Philadelphia, and is set to have installation at 20 Stanwix Street in Pittsburgh underway by early 2018.
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  • How Office Environment Has Changed
    When it comes to recruiting companies into a Pittsburgh office building, don't expect the price of rent to always be the biggest priority anymore.
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  • Financial Firms Move to 11 Stanwix
    Chicago-based M & J Wilkow Ltd. has inked two new deals at 11 Stanwix, landing a new office of a national bank and one of the city's best-known fintech startups.
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  • Improv Renews at The Waterfront
    National entertainment network makes major commitment to Pittsburgh region
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  • New Retail Coming To Penn Center East
    A new retail strip mall, a Texas Roadhouse restaurant and a self-storage facility will be opening in at Penn Center East in Wilkins.
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  • M&J Announces Sale of 701 East 22nd
    M & J Wilkow announced the sale of 701 East 22nd Street, an office complex located in Lombard, Illinois. The 174,098 square foot property was sold to a joint venture of Red Rock and Lincoln Property Company.
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  • M & J To Redevelop 420 Allies
    M&J Wilkow has teamed with Philadelphia-based CenterSquare Investment Management to convert classrooms and chalkboards at the former Art Institute of Pittsburgh building Downtown into a state-of-the-art office complex with the kind of top-flight amenities seen in larger cities like San Francisco and Chicago.
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  • M & J Wilkow Wins MAXI Silver Awards

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  • M & J and DRA Acquire 11 Stanwix
    M & J Wilkow and DRA Advisors Acquire Pittsburgh's M & J Wilkow, Ltd. in a joint venture with DRA Advisors LLC, announced the acquisition of 11 Stanwix Street, a 24-story, 467,843 square foot Class A office tower located on the southwest edge of Pittsburgh's Golden Triangle.
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  • M & J/ALTO Score a Second Asset
    Chicago, Illinois (January 24 , 2017) ALTO Real Estate Funds and M & J Wilkow, Ltd., have again teamed up to acquire The Shoppes & The Plaza at College Hills, a 246,245 square foot outdoor lifestyle shopping center located in Bloomington-Normal, Illinois.

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