Financial services giant TIAA-CREF assumed a sublease for the underlying land at The Residences at Merrick Park apartment complex. By taking over as the subtenant, TIAA-CREF obtains title to the complex, retail space and a parking garage.
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TIAA-CREF assumes control of Residences at Merrick Park for $52 million
Daily Business Review
August 7, 2012
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