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Rolls-Royce Office Complex Sells for $79.1M
American Realty Capital Trust IV, Inc. has acquired the Rolls-Royce Meridian Center office complex at 450-525 S. Meridian St. in Indianapolis, IN from Eli Lilly and Company for $79.1 million, or about $186 per square foot, exclusive of closing costs. The three-building, 425,786-square-foot portfolio includes the four-story Brougher Building constructed in 1908 and renovated in 2001, a six-story building completed in 2002...
Kimco Acquires Ptnr's Stake in Marketplace at Factoria
Kimco Realty Corp. (NYSE: KIM) has acquired a majority of its joint-venture equity partner's ownership...
CoStar's People of Note (May 12 - 18)
This week's People of Note includes the following markets: Detroit, Charlotte, Phoenix, New York,...
Two Big Deals To Reshape Commercial Mortgage Servicing Arena
Two big deals last week will reshape the commercial mortgage servicing arena and likely affect the outcome...
Blackstone Forms Two New REITs
The ranks of real estate investment trusts continues to grow with Blackstone Group seeks to establish...
Retail Rent Growth Finally Takes Root Across U.S. Metros
Following a recent string of relentlessly unexciting market trends in retail real estate over the past...
Recovery In CRE Sales, Pricing Up Year over Year, Despite Sluggish First Quarter
Just like clockwork, after ending 2012 on an upswing, commercial real estate pricing softened in the...
25 REITs Most Likely To Sell You a Property in 2013
Looking for to buy some land, office buildings, warehouses, shopping center or hotel investment properties...
Large Lease Rollovers Pose Loan Risks in Era of the Shrinking Office
The trend in less square footage requirement per employee has serious implications for landlords with...
Microhousing: What's the Big Idea?
By: Francesca Cooke Urban populations across the country are swelling, often much faster than reasonably...
Silverstein Secures Construction Financing for 82-Story Manhattan Condo, Hotel
Silverstein Properties and CalSTRS has secured financing to move forward on its proposed 82-story skyscraper...
Facility Closures & Downsizings: Livermore Labs Calls for Pre-Emptive Voluntary Retirements
Lawrence Livermore National Laboratory will offer a voluntary separation program for up to 600 employees...
Office Towers Rising Again In New York, San Francisco
The recent emotion-filled topping off of One World Trade Center with a 408-foot silver spire provided...
CoStar's People of Note (May 5 - 11)
This week's People of Note includes the following markets: Los Angeles, Minneapolis, Washington DC...
ConocoPhillips Strikes Deal To Lease 850,000 SF In Pair of New Energy Corridor Office Buildings
ConocoPhillips has committed to the biggest office lease signed in Houston so far this year, agreeing...
Citibank Portfolio Trades for $97.2M
Markland Holdings, a private Irish investment group, has sold a portfolio of 47 Citibank branch locations...

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