Research Center
Chambers Acquires Interests in 17 JV Assets from Duke Realty
Chambers Street Properties has acquired the remaining interests in 17 properties it owned in a JV with Duke Realty for a reported $98.6 million as Duke continues to divest many of its office holdings to focus more on industrial assets.
MIPIM Special Report: Global Healthcare, Seniors Housing Dynamics
A panel of experts at the global real estate conference discusses the robust and widely varied global opportunities in seniors housing and healthcare real estate.
Cole/Cole Merger to Create One of Largest Net-Leased Publicly Traded REITs
Cole Credit Property Trust III has executed a definitive merger agreement to acquire Cole Holdings Corp., a real estate investment management firm that currently manages more than $12 billion of real estate assets.
Ending on a Flat Note
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Job Fulfillment
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
Essex Buys Fox Plaza in SF for $135M
Last year, Essex Property Trust made more than $800 million in M-F acquisitions in California and the Seattle area. The REIT is continuing its spending this year, picking up Fox Plaza, a 444-unit property in San Francisco’s Mid-Market district, for $135 million from Archstone.
SL Green Closes $900M Refinancing of Manhattan’s 1515 Broadway
SL Green Realty Corp. has done it again. New York City’s largest office landlord has refinanced its 1.8 million-square-foot office building at 1515 Broadway once again– to the tune of $900 million.