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NEW HYDE PARK, NY-Kimco Realty Corp. has entered into an agreement to sell 1.8 million shares of its common stock to UBS Securities LLC in a public offering. Net proceeds will be approximately $66 million.
NEW YORK CITY-GE's indirect wholly-owned subsidiary, Security Capital Group will sell up to 34.3 million shares of owner, operator and developer of grocery anchored REIT Regency Centers for more than $1.1 billion.
NEW HYDE PARK, NY-Kimco Realty Corp., which owns and operates the nation's largest portfolio of neighborhood and community shopping centers, will acquire all of the outstanding shares of Mid-Atlantic Realty Trust for $444 million.
NEW YORK CITY-A New York State Supreme Court ruling broadens the scope of a preliminary injunction against Cigna LaSalle National Bank Association in the ongoing battle with owners of 4 Times Square.
NEW YORK CITY-In a consolidation move, real estate appraisers Mitchell, Maxwell & Jackson sign a 10-year plus lease for nearly 10,000 sf at 546 Fifth Ave.
NEW YORK CITY-The Associated Press will take nearly 300,000 sf of space at 450 West 33rd St. The news organization inked a 15-year, $170 million lease for floors 14 through 16 as well as mezzanine and basement space.
NEW YORK CITY-In an expansion move, The New York Mortgage Company is subleasing the entire 62,600-sf seventh floor at 1301 Avenue of the Americas to use as its headquarters.