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In a highly unusual move for landlords, mall operators General Growth Properties and Simon Property Group have teamed up in a bid to save teen apparel retailer Aéropostale from liquidating under bankruptcy. The two REITs, along with Authentic Brands Group, Hilco Merchant Resources and Gordon Brothers Retail Partners, submitted a joint venture bid...
Norges Bank Real Estate Management, the real estate investment arm of the government pension fund of Norway, signed agreements to acquire a 44% common equity interest in two Kilroy Realty Corp. companies...
A bad August just got worse for prison REITs The Geo Group and Corrections Corporation of America. This afternoon Homeland Security Secretary Jeh C. Johnson announced it would be reviewing its use of detaining...
Hertz Investment Group has acquired four office towers in Indianapolis, Milwaukee and Cleveland totaling more than 3 million square feet from Equity Commonwealth (NYSE: EQC) for $416.9 million. The...
The U.S. Department of Education late last week barred ITT Educational Services Inc., (NYSE:ESI) a publicly held Indiana-based firm that operates 138 school campuses in 39 states, from accepting any new...
Capella Education Co., which currently occupies 371,225 square feet at Capella Tower in Minneapolis, MN through October 2018, has re-worked its existing lease . The renewal deal will see the tenant...

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