REIT – Diversified

(FPO) First Potomac Realty Trust Prices Upsized Offering

First Potomac Realty Trust (FPO) recently priced an equity offering of 6.5 million shares at $14.70 per share as part of its effort to infuse capital and repay debt. The offering was increased from the original number of 6 million...

11Sep2013 | | Comments Off on (FPO) First Potomac Realty Trust Prices Upsized Offering | Continued

(DRE) Duke Realty CFO Resigns – Joins Jones Lang LaSalle

The office and industrial real estate investment trust (REIT) – Duke Realty Corporation (DRE) – announced the decision of its Chief Financial Officer (CFO), Christie B. Kelly to quit her post, with effect from May 17, 2013. Consequently,...

8Jul2013 | | Comments Off on (DRE) Duke Realty CFO Resigns – Joins Jones Lang LaSalle | Continued

(DRE) Duke Realty Hits New 52-Week High

Shares of Duke Realty Corporation (DRE) reached a new 52-week high, touching $18.71 at the end of the trading session on May 16. The closing price of this office and industrial real estate investment trust (REIT) reflected a strong...

16Jun2013 | | Comments Off on (DRE) Duke Realty Hits New 52-Week High | Continued

(NNN) National Retail Properties – Anatomy of Success

Stocks go up and stocks go down. But more often than not, stocks go sideways.

Usually, a sideways-trending stock is waiting for a catalyst to take it out of its trading range. But some stocks can remain range bound for a long time.

Aside from an earnings surprise, there is no better...

20May2013 | | Comments Off on (NNN) National Retail Properties – Anatomy of Success | Continued

(PCL) Industry Rank Analysis: Knock on Wood – Zacks Industry Rank Analysis

Jumping up Zacks Industry Ranks in response to revitalized real estate demand.

Sitting just last week at #192 on the Zack’s Industry Rank list, strong recent demand for building materials –and upgrades to earnings estimate revisions that followed– pushed key players...

2May2013 | | Comments Off on (PCL) Industry Rank Analysis: Knock on Wood – Zacks Industry Rank Analysis | Continued

(CUZ) Cousins Properties Incorporated Boosts Liquidity

In order to enhance its financial flexibility, Cousins Properties Incorporated (CUZ) infused approximately $165.1 million of capital through a public offering of its common stock. The company’s plans to finance an...

2May2013 | | Comments Off on (CUZ) Cousins Properties Incorporated Boosts Liquidity | Continued

(PCL) Industry Rank Analysis: Knock on Wood – Zacks Industry Rank Analysis

Jumping up Zacks Industry Ranks in response to revitalized real estate demand.

Sitting just last week at #192 on the Zack’s Industry Rank list, strong recent demand for building materials –and upgrades to earnings estimate revisions that followed– pushed key players...

27Apr2013 | | Comments Off on (PCL) Industry Rank Analysis: Knock on Wood – Zacks Industry Rank Analysis | Continued

(PCL) Plum Creek Timber Company Stays Neutral

On Apr 11, 2013, we reiterated our long-term recommendation on Plum Creek Timber Company Inc. (PCL), a timber real estate investment trust (REIT), at Neutral. The move reflects the company’s solid operating platform, impressive fourth-quarter...

21Apr2013 | | Comments Off on (PCL) Plum Creek Timber Company Stays Neutral | Continued

(DRE) Duke Realty Reaches 52-Week High

Shares of Duke Realty Corporation (DRE) reached a 52-week high of $17.02 at the end of the trading session on Friday, Mar 15, 2013. Notably, this was higher than Duke Realty’s previous 52-week high of $16.65, achieved...

2Apr2013 | | Comments Off on (DRE) Duke Realty Reaches 52-Week High | Continued

(DRE) Duke Realty Boosts Medical Office Portfolio

Duke Realty Corp.’s (DRE) investment affiliate, Dr Clifton Mob Llc, recently acquired a medical office building in Clifton, Ohio for $10.6 million from Gs Ohio Pob, Llc., according to a Cincinnati...

1Jan2013 | | Comments Off on (DRE) Duke Realty Boosts Medical Office Portfolio | Continued

(PCL) Real Estate Investment Trust Outlook – Nov. 2012 – Zacks Analyst Interviews

The U.S. Real Estate Investment Trust (REIT) industry had a lackluster third quarter after a relatively strong run in the first half of 2012, with a below-par performance in the months of August and September. However, on a macro aspect, the industry was well on course to steamroll the negative investor...

23Nov2012 | | Comments Off on (PCL) Real Estate Investment Trust Outlook – Nov. 2012 – Zacks Analyst Interviews | Continued

(PCL) Plum Creek Timber – Bull of the Day

We are changing our recommendation for Plum Creek Timber Co. (PCL) from Neutral to Outperform. Plum Creek is the largest publicly-held timber REIT, with a diversified timber and land base that enables it to benefit from large economies...

23Oct2012 | | Comments Off on (PCL) Plum Creek Timber – Bull of the Day | Continued

(PCL) Plum Creek Timber Company – Bull of the Day

We are changing our recommendation for Plum Creek Timber Co. (PCL) from Neutral to Outperform. Plum Creek is the largest publicly-held timber REIT, with a diversified timber and land base that enables it to benefit from large economies...

9Oct2012 | | Comments Off on (PCL) Plum Creek Timber Company – Bull of the Day | Continued

(FSP) Franklin Street Properties Leases to Cassidy Turley

A real estate investment trust (REIT), Franklin Street Properties Corp. (FSP), recently announced that it has inked a deal with Cassidy Turley to lease a Class-A office space property, Timberlake Corporate Center....

18Jun2012 | | Comments Off on (FSP) Franklin Street Properties Leases to Cassidy Turley | Continued

(DRE) Duke Realty Leases to Novella

Duke Realty Corp. (DRE), a real estate investment trust (REIT), recently signed an agreement with Novella Clinical to lease a property in North Carolina, located at 1700 Perimeter Park Drive in Morrisville. The financial terms of the...

20May2012 | | Comments Off on (DRE) Duke Realty Leases to Novella | Continued

(NNN) National Retail Properties Issues Public Offering

National Retail Properties Inc. (NNN) recently issued a public offering of 7 million shares at a price of $25.75 per share. As part of the offering, the company will...

1Dec2011 | | 0 comments | Continued

(CUZ) Cousins Properties Completes Promenade Acquisition

As part of the long-term strategy to upgrade its overall portfolio with newer high-quality assets, Cousins Properties Inc. (CUZ), a Georgia-based real estate investment trust (REIT), has recently completed the acquisition of Promenade...

30Nov2011 | | 0 comments | Continued

(DRE) Duke Realty Second Quarter 2011 Earnings Scorecard

Duke Realty Corp (DRE) reported second quarter 2011 FFO (fund from operations) of $75.7 million or 29 cents per share, up from $40.7 million or 17 cents per share delivered in the year-ago quarter. Fund from operations,...

9Aug2011 | | 0 comments | Continued

(EXL) Excel Trust Sells Assets

Excel Trust, Inc. (EXL), a real estate investment trust (REIT) primarily focusing on retail assets, has recently sold six ‘triple-net’ leased assets for $39.6 million, generating a net profit of approximately $3.0 million. A ‘triple...

11Jul2011 | | 0 comments | Continued

(FUR) Terreno Realty on Acquisition Spree

Terreno Realty Corporation (TRNO), a real estate investment trust (REIT), has recently acquired an industrial building each in Carlstadt, New Jersey, and Miami, Florida, for a combined purchase price of $11.7 million. Such continuous...

5Jul2011 | | 0 comments | Continued

(FUR) Terreno Realty Purchases Savage, Maryland Property

Terreno Realty Corporation (TRNO), a real estate investment trust (REIT), has recently acquired an industrial building in Savage, Maryland, for approximately $7.5 million. The acquisition is part of the long-term strategy of the company...

5Jul2011 | | 0 comments | Continued

(EXL) Excel Trust Completes Share Offering

Excel Trust, Inc. (EXL) recently completed the public offering of 12.5 million shares of its common stock, which was previously announced. Apart from this, it also completed the sale of 1.875 million additional shares of its common...

3Jul2011 | | 0 comments | Continued

(PCL) U.S. New Home Sales Rise in June

New Home Sales rose 23.6% in June from May to a seasonally adjusted annual rate of 330,000. However, the May total was revised down sharply from a rate of 300,000 to 267,000. Thus, relative to where we thought we were, the increase was more like 10%.

Relative to a year ago, sales were down...

27Jul2010 | | 0 comments | Continued

(PCL) Plum Creek Timber 2010 First Quarter Earnings Scorecard

Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fiscal 2010 first quarter recurring earnings of 47 cents per share that exceeded the Zacks Consensus Estimate...

24May2010 | | 0 comments | Continued

(PCL) U.S. Existing Home Sales Rise in March

Existing Home Sales rose 6.8% in March to a seasonally adjusted annual rate of 5.35 million. That rate is 16.1% higher than the 4.61 million rate of a year ago. The number was slightly better than the consensus expectations of a 5.29 million annual rate.

Existing homes sales are recorded at...

22Apr2010 | | 0 comments | Continued

(DRE) Duke Realty Sells Assets to Joint Venture

Duke Realty Corp. (DRE), a real estate investment trust (REIT) engaged in owning, managing and developing industrial, health care and office properties across the U.S., recently sold three office buildings in Perimeter Park in Morrisville,...

18Apr2010 | | 0 comments | Continued

(PCL) Plum Creek Timber Company – Analyst Estimates Continue Inching Higher

Plum Creek Timber Co. (PCL)

has a Zacks #2 Rank. Its stock trades at 28.6x 2010 consensus EPS estimates and 26.1x 2011 consensus EPS estimates.

Growth and Income

Analysts estimate that Plum Creek...

13Apr2010 | | 0 comments | Continued

(DRE) Duke Realty Corporation Offers 6.75% Senior Notes

Duke Realty Corp. (DRE), a real estate investment trust (REIT) engaged in owning, managing and developing industrial, health care and office properties across the U.S., recently announced an offering of $250 million aggregate principal...

29Mar2010 | | 0 comments | Continued

(CUZ) Cousins Properties’ Funds From Operations Plummets

Cousins Properties Inc. (CUZ), a real estate investment trust (REIT), reported dismal fourth quarter 2009 results, with FFO (fund from operations) of $7.3 million or 7 cents per share, compared to $10.2 million or 20 cents per share...

9Feb2010 | | 0 comments | Continued

(PCL) Plum Creek Timber Company Beats Marginally

Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fourth quarter earnings of $28 million or 17 cents per share, compared to $95 million or 57 cents per share...

2Feb2010 | | 0 comments | Continued