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Columbia Property Trust, Inc. (NYSE: CXP) has sold 11 mostly single-tenant office properties totaling 2.9 million square feet in suburban Chicago, Baltimore, Boston and Northern New Jersey. An undisclosed real estate private equity fund paid $433.3 million for the properties, shed by the Atlanta-based office REIT as part of a portfolio repositioning...
New U.S. Dept. of Education rules that take effect today are putting about 1,400 college programs at risk of losing eligibility for receiving federal student financial aid. The new rules could accelerate...
After deciding to do so, it took only three weeks for Chambers Street Properties, the $3.3 billion real estate investment trust formerly known as CB Richard Ellis Realty Trust, to decide on new strategic...
The Pep Boys - Manny, Moe & Jack, a national automotive aftermarket service and retail chain, has commenced a review of strategic alternatives to enhance shareholder value, including a possible sale, merger...
The California Public Employees’ Retirement System (CalPERS) plans to sell up to $3 billion of its real estate investment portfolio. The Blackstone Group's Park Hill Group has been selected to assist...
With REIT stock prices not keeping up with the increase in property values, more and more REITs and property owners are exploring the spinoff or sale of some properties to maximize shareholder values....


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