Sandler O’Neill and Partners
Plymouth Industrial Closes Stock Sale, $97M Portfolio Purchase
The REIT sold $75 million worth of shares to Madison International Realty and used a portion of the proceeds to acquire a 1.1 million-square-foot group of assets in Jacksonville, Fla.
Boston Properties Invests in NYC, LA Assets
The office transactions, which total more than 3 million square feet and involve partnerships, give the REIT a stake in Manhattan’s 3 Hudson project and West Los Angeles’ Santa Monica Business Park.
Simon Property Group to Spend $4B on Experiential Upgrades
The retail and mixed-use property developer will transform some of its most notable assets with a mix of new offerings ranging from progressive restaurant concepts to premier hotels.