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ATLANTA-Embry Village, a Kroger-anchored retail asset here, moves to Kimco Realty's portfolio. The center is 97% occupied.
ORLANDO-The Swedish retailer's second Florida location will open in late fall--not far behind IKEA's Sunrise location opens its doors.
'You're seeing a little spread between what private equity and public investors can pay for REITs.'
NEW YORK CITY-The US economy is facing a recession in 2009 or 2010; however, proving itself cyclical, the ride will get better around 2013, according to a leading real estate economist.
RALEIGH, NC-The acquisition includes the 30-story Wachovia Corporate Center and Alexander Square, a parking garage and retail property.
QUEENS, NY-The new owner, RLJ Fund II, plans to spend $11.5 million to renovate and reposition the New York LaGuardia Airport Marriott.
NEW YORK CITY-The area of 125 Street is seeing retail rents hit the triple digits, even reaching $200 per sf at some properties.