Login

Normandy Acquires East Coast Glenborough Assets from Morgan Stanley

New Jersey-based Investor Pays $537.9M for 13 Properties in Boston, NJ and Washington, D.C.
By Jillian Ambroz
November 30, 2006 | 10:14 P.M.

No sooner had the ink dried on the closing papers for Morgan Stanley Real Estate's $1.9 billion acquisition of Glenborough Realty Trust(NYSE:GLB) than Morgan spun off a portion of the REIT's assets, selling 13 properties to Normandy Real Estate Partners for $537.9 million.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

News | Normandy Acquires East Coast Glenborough Assets from Morgan Stanley