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CBL & Associates Properties Inc. closed on the sale of two of its malls in Michigan that it had previously designated for disposition: the 797,251-square-foot Fashion Square Mall in Saginaw and the 613,313-square-foot The Lakes in Muskegon. An unidentified private buyer acquired both malls for a total price of $66.5 million, including the assumption...
Philadelphia-based mall owner PREIT continues to implement its strategy to upgrade its portfolio. The REIT has executed sale agreements and received non-refundable deposits for both the Washington Crown...
Santa Monica, CA-based Douglas Emmett, Inc. (NYSE: DEI) has acquired a 19-story office building at 12100 Wilshire Blvd in the Brentwood submarket of Los Angeles from Hines for $225 million. Douglas...
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: Minneapolis...
Prologis, the world’s largest developer and owner of industrial real estate, reported the first six months of 2016 were the strongest in its company's history as moderate levels of new supply paired with...
The three largest U.S. public pension funds all reported weaker than expected net annual returns this month laying the blame on volatility in the public equity markets, particularly foreign investments...


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