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Kimco Realty Corp. (NYSE: KIM) has acquired the Christown Spectrum super regional shopping mall at 1703 W. Bethany Home Rd. in Phoenix, AZ from Coventry Real Estate Advisors for $115.25 million, or about $136 per square foot. The 850,000-square-foot destination power center was 94 percent occupied at the time of sale, anchored by a Wal-Mart Supercenter...
CBL & Associates Properties Inc. today announced that it has disposed of another community shopping center. The disposition follows two other sales announced this month. Despite the stepped-up activity...
Activist investor Jonathan Litt has found his sixth undervalued publicly traded real estate target this year. Litt’s Land and Buildings Investment Management LLC has disclosed a 7.4% ownership stake...
The California State Teachers Retirement System, the country’s second-largest public pension fund with more than $25 billion in real estate investments, approved a revised real estate investment policy...
Trax International renewed its full occupancy lease at 7700-7720 Hubble Dr., a 120,000-square-foot, two-story office building within the Greentec Business Campus in Washington, D.C.'s Greenbelt submarket...
NorthStar Realty Finance has hired CBRE to offer a 12-property multifamily portfolio that spans six U.S. states and nine metros. The NorthStar portfolio totals 4,514 units primarily in Sunbelt states...

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