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Real Estate Rumors: KFH Capital, Crossix, Wells Fargo

By Andrew McIntyre (December 6, 2016, 2:43 PM EST) -- A Kuwait-based fund managed KFH Capital Investment Co. has picked up a Newark, New Jersey, office tower that's home to Panasonic Corp. from SJP Properties and Matrix Development Group for $165 million, according to a report from Dow Jones on Tuesday. The deal is for a 337,500-square foot building at 2 Riverfront Plaza. Investors from Japan, China, Malaysia, the Middle East and the United States had shown interest in the property, according to the report....

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