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Broad Street Development (BSD) has closed on its acquisition of 80 Broad Street in New York City. Savanna Partners sold the office tower for $173 million, or about $409 per square foot. The acquisition marks BSD's return to the downtown office market following the disposition of its 55 Broadway and 61 Broadway buildings earlier this year. BSD...
Washington Prime Group (NYSE:WPG), a retail REIT formed earlier this year as a shopping center spin-off from mall giant Simon Property Group (NYSE: SPG), agreed to acquire mall owner Glimcher Realty Trust...
Worthy, an online marketplace for pre-owned luxury goods, will be moving its global headquarters into New York City's jewelry district. The company will be moving into the 28th floor of the iconic Fred...
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: Washington DC...
RadioShack Corp. reported horrible results for its second quarter today and said it is facing the potential for bankruptcy. Comparable store sales for the Fort Worth-based retailer were down 20% driven...
Having already taken four real estate companies public over the last year, including Hilton Worldwide Holdings Inc. (NYSE: HLT) and shopping-center owner Brixmor Property Group Inc. (NYSE: BRX), private...


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