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Herndon, VA-based American Real Estate Partners, in a joint venture with New York City-based Investcorp, acquired the 540,000-square-foot, four-building Canal Center office park in Alexandria, VA for $176 million, or approximately $327 per square foot. The Class A mid-rise office complex was constructed in 1987 on the banks of the Potomac River just...
It's time to update those contact managers with CoStar's People of Note , reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Greenville /...
Conditions in the U.S. office market are aligning in a way that office investors have dreamed about. A serendipitous combination of falling vacancy, rising net absorption and a controlled supply of new...
At least a half-dozen companies have filed plans declaring their intention to launch initial public offerings to form REITs, ranging from a ski resort operator in Wildwood, MO, to U.S.-based firms seeking...
Just when you think the multifamily investment mania might have run its course, along comes a deal in which more than 20,000 apartment units change hands in one of the largest multifamily transactions...
Pennsylvania Real Estate Investment Trust's (PREIT) shares experienced the 'activist effect' this week as its stock price climbed steadily by more than $1.10 a share to approach its highest price in the...


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