David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
HUNTINGTON BEACH, CA—Prudential Real Estate Investors acquire about a 75% stake in the class-A, 840,909-square-foot outdoor retail center with an affiliate of DJM Capital Partners retaining about a 25% stake.
LAKEWOOD, CO—Less than a month after its concluding its initial public offering, Easterly Government Properties, Inc. has closed on a 115,650-square foot office building here that is leased to Federal agencies.
NEW YORK CITY—The 25-story icon is expected to sell for more than $1.7 billion, and a secondary sale of the the 4th through 24th floors may take place simultaneously.