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Vornado Realty Trust (NYSE:VNO) announced a plan to spin off its non-Manhattan portfolio of 81 strip shopping centers and four malls into a new publicly traded REIT. The strip shopping centers are located mostly in the Northeast, with the malls consisting of the Bergen Town Center in Paramus, NJ; Monmouth Mall in Eatontown, NJ; and two malls in suburbs...
Salesforce.com (NYSE: CRM), the leading provider of customer relationship-management software that was founded in a San Francisco apartment in 1999, has signed the largest office lease in San Francisco...
CBRE Capital Markets' debt and structured finance team has arranged $111 million in senior financing and a $30 million mezzanine loan for The Plaza Buildings at 10900 and 10800 NE 8th St. in Bellevue,...
By: Paul Leonard, Real Estate Economist with CoStar Group If you’re thinking about building office space in this cycle, you’d better dust off those blueprints and get back into the game soon, before...
After announcing declining sales and lower profits for the second quarter, discount retailer Family Dollar Stores Inc. said it plans to close 370 stores and slow the pace of new store growth. The retailer...
Parkway Properties, Inc. (NYSE: PKY) has acquired Courvoisier Centre at 501 and 601 Brickell Key Dr. in Miami, FL from Tishman Speyer for $145.8 million, or about $421 per square foot. The 346,000-square...


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