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Signature Office REIT has agreed to merge into Griffin Capital Essential Asset REIT creating an office and industrial REIT focused on business essential properties with a capitalization of $3 billion based on gross proceeds. The combined companies will have a portfolio of 69 properties in 21 states with strong occupancy and consisting largely of...
Hudson's Bay Co. has arranged $1.25 billion, 20-year mortgage on the ground portion of its Saks Fifth Avenue flagship in New York City at 611 Fifth Ave. In connection with this transaction, lenders...
By Randyl Drummer TD Bank has signed a long-term, 200,000-square-foot lease to become the office and retail anchor tenant at One Vanderbilt, a 67-story tower proposed by SL Green Realty Corp. (NYSE...
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: New York City...
Chambers Street Properties acquired four industrial buildings in the I-81 / I-78 Corridor of Eastern Pennsylvania from KBS Real Estate Investment Trust II. The Newport Beach, CA-based REIT sold its I...
Simon Property Group (NYSE: SPG), in what could be a prelude to a takeover bid of a smaller rival, disclosed it has accumulated a 3.6% ownership stake, or 5.71 million common shares, this year in The Macerich...


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