GRAND RAPIDS, MI-Ashley Capital, based in New York City, signs a letter of intent to acquire 250 acres from locally based Steelcase Inc. Plans for the site include a major overhaul that could bring four million sf of mixed-use space to the community.
MINOT, ND-Locally based Investors Real Estate Trust is putting forth $140.8 million for a nine-property office portfolio. The purchase will take 15 buildings totaling 936,320 from Omaha-based Magnum Resources Inc.
MINOT, ND-Locally based Investors Real Estate Trust is putting forth $140.8 million for a nine-property office portfolio. The purchase will take 15 buildings totaling 936,320 from Omaha-based Magnum Resources Inc.
COLUMBUS, OH-The retail REIT is disposing of five malls located in Texas, Alabama, Florida and North Carolina. Company execs expect to generate $250 million to $270 million from the sales.
COLUMBUS, OH-The retail REIT is disposing of five malls located in Texas, Alabama, Florida and North Carolina. Company execs expect to generate $250 million to $270 million from the sales.
FARMINGTON HILLS, MI-Agree Realty Corp. releases a statement on Tuesday rejecting a recent buyout proposal by Compson Holding Corp. The offer, which amounted to $38.75 per share, was Compson Holding's final offer.
FARMINGTON HILLS, MI-Agree Realty Corp. releases a statement on Tuesday rejecting a recent buyout proposal by Compson Holding Corp. The offer, which amounted to $38.75 per share, was Compson Holding's final offer.
ST. LOUIS-After relocating from 107,000 sf to 145,000 sf, Bakers execs have leased an additional 51,000 sf for expanding warehousing and distribution needs. Located at Union Seventy Center Business Park, the shoe retailer now holds 196,200 sf.
ST. LOUIS-After relocating from 107,000 sf to 145,000 sf, Bakers execs have leased an additional 51,000 sf for expanding warehousing and distribution needs. Located at Union Seventy Center Business Park, the shoe retailer now holds 196,200 sf.
CHICAGO-Brookdale Senior Living Inc. has entered into an agreement to purchase Nashville-based American Retirement Corp. for $1.2 billion in cash or $33 per share. The combined company will operate a total 535 facilities in 34 states.