Stock Blog Hub » REIT – Retail

(PSB) PS Business Parks – Bull of the Day

vitalstocks — Mon, 12 Dec 2011 13:56:15 +0000

PS Business Parks (PSB) reported strong third quarter 2011 results with healthy year-over-year increase in revenue and earnings. PS Business Parks owns and operates commercial real estate properties in diversified markets, which can be easily configured to suit a variety of uses to minimize downside risk and generate a steady source of revenue. The company [...]

(PSB) PS Business Parks – Bull of the Day

(DDR) DDR Corporation-Glimcher Realty Trust Completes Asset Swap

vitalstocks — Fri, 09 Dec 2011 20:38:44 +0000

DDR Corp. (DDR), a real estate investment trust (REIT), has recently completed the asset swap transaction that was announced earlier in September 2011 with one of its peers Glimcher Realty Trust (GRT). The asset swap was part of the respective corporate strategy to better align the portfolio with the other’s operating platform. The transaction is [...]

(DDR) DDR Corporation-Glimcher Realty Trust Completes Asset Swap

(NRF) Party Time for Retailers

vitalstocks — Tue, 06 Dec 2011 19:37:30 +0000

The Thanksgiving weekend brought record sales for retailers who went on to post better-than-expected November comparable-store sales and are now padding up for the holiday season. Does this indicate that the retail party has just begun? Early hours store openings, huge discounts, promotional activities and free shipping on online purchases were enough to lure customers [...]

(NRF) Party Time for Retailers

(FRT) Federal Realty Investment Trust Closes New Term Loan

vitalstocks — Wed, 30 Nov 2011 19:58:28 +0000

Federal Realty Investment Trust (FRT) recently announced the closing of a new unsecured term loan worth $275 million. The loan bears interest at an annual rate of LIBOR plus 145 basis points and is expected to mature in November 2018. Federal Realty also has an option of increasing the term loan to $350 million. The [...]

(FRT) Federal Realty Investment Trust Closes New Term Loan

(SKT) Tanger Factory Outlet Centers Partners With RioCan to Buy Assets

vitalstocks — Mon, 28 Nov 2011 20:49:09 +0000

Tanger Factory Outlet Centers, Inc (SKT) and RioCan Real Estate Investment Trust entered into an agreement to jointly acquire Cookstown Outlet Mall for C$62 million or $59.2 million. Cookstown Outlet Mall is located approximately 50 km north of the Greater Toronto Area (GTA) and spans 161,000 square feet. This deal is a win-win situation for [...]

(SKT) Tanger Factory Outlet Centers Partners With RioCan to Buy Assets

(RPI) Restaurant Industry Stock Review – November 2011 – Industry Outlook

vitalstocks — Wed, 23 Nov 2011 17:23:28 +0000

The restaurant industry is showing improvements and seems poised for long-term growth, but concerns about the health of the U.S. economy and the nagging sovereign debt issues in Europe pose some risks to this outlook. However, if we look back at the last few months, restaurant operators managed to post improved results riding on the [...]

(RPI) Restaurant Industry Stock Review – November 2011 – Industry Outlook

(CLI) Mack-Cali Realty to Build Wyndham Facility

vitalstocks — Tue, 16 Aug 2011 16:58:18 +0000

Mack-Cali Realty Corp.(CLI) recently announced the development of a 203,000-square-foot class A office building for Wyndham Worldwide Corporation (WYN) in Parsippany, New Jersey. This transaction will allow the hospitality company to consolidate its New Jersey-based workforce within a single campus. Wyndham provides hospitality products and services to consumers and currently operates from its 250,000-square-foot corporate [...]

(CLI) Mack-Cali Realty to Build Wyndham Facility

(NRF) U.S. Retail Sales Industry Stock Outlook – August 2011 – Industry Outlook

vitalstocks — Wed, 10 Aug 2011 14:34:52 +0000

A Glimpse at Fiscal 2010 Fiscal 2010 for retailers was a year of continuous process of streamlining and assimilating internal processes. With this priority in mind, retailers concentrated more on aligning inventories, improving efficiencies and spending on technology, which led them to enter fiscal 2011 with a more optimistic outlook. The Challenges and Opportunities of [...]

(NRF) U.S. Retail Sales Industry Stock Outlook – August 2011 – Industry Outlook

(RPI) Restaurant Industry Stock Review – July 2011 – Industry Outlook

vitalstocks — Fri, 29 Jul 2011 19:38:24 +0000

The restaurant industry is finally showing improvements and seems poised for long-term growth. Riding on the back of a slowly reviving U.S. economy and the consequent rise in comparable-store sales, restaurant operators have managed to post improved results in recent months. We expect restaurant companies to continue delivering better numbers in the upcoming quarter over [...]

(RPI) Restaurant Industry Stock Review – July 2011 – Industry Outlook

(HIW) Highwoods Properties Renews Lease

vitalstocks — Mon, 11 Jul 2011 15:47:59 +0000

Highwoods Properties, Inc. (HIW), a real estate investment trust, recently renewed its lease at 2635 Century Center in Atlanta with the General Services Administration (GSA) on behalf of the Federal Bureau of Investigation (FBI). Highwoods’ property at the 2635 Century Center spans 137,000 square feet. This new lease will be effective after the current lease [...]

(HIW) Highwoods Properties Renews Lease

(DDR) Developers Diversified Realty Divests Assets Worth $87 Million

vitalstocks — Thu, 07 Jul 2011 17:09:39 +0000

Developers Diversified Realty Corporation (DDR) recently divested 12 non-prime assets and 4 land parcels for $112 million, of which the company’s share was $87 million. Developers Diversified sold non-strategic assets to improve its portfolio demographics and increase liquidity. Additionally, the company is also set to sell some other assets, which would generate proceeds of approximately [...]

(DDR) Developers Diversified Realty Divests Assets Worth $87 Million

(REG) Regency Centers Acquires Minneapolis Mall

vitalstocks — Wed, 06 Jul 2011 19:27:54 +0000

Regency Centers Corp. (REG), a leading operator and developer of grocery-anchored and community shopping centers across the U.S., has recently acquired Calhoun Commons – a 66,150 square foot mall in downtown Minneapolis, for $21 million. The property was purchased from its erstwhile developer Calhoun Commons Shopping Center Limited Partnership. The acquisition was structured as an [...]

(REG) Regency Centers Acquires Minneapolis Mall

(DDR) Developers Diversified Realty Corporation Refinances Secured Term Loan

vitalstocks — Fri, 01 Jul 2011 20:32:28 +0000

Developers Diversified Realty Corporation (DDR), a real estate investment trust (REIT), has recently refinanced its existing secured term loan facility worth $550 million with a new $500 million senior secured term loan. At the same time, the company amended its two senior unsecured revolving credit facilities as part of its corporate strategy to reduce its [...]

(DDR) Developers Diversified Realty Corporation Refinances Secured Term Loan

(SKT) Tanger Factory Outlet Centers Issues Public Offering

vitalstocks — Thu, 30 Jun 2011 21:09:21 +0000

Tanger Factory Outlet Centers, Inc. (SKT) recently issued 4 million common shares to a sole underwriter in an underwritten public offering. In a bid to cover over-allotments, the company will provide a 30-day option to the underwriter for purchasing an additional 600,000 shares. Tanger intends to utilize the proceeds generated from the offering to pay [...]

(SKT) Tanger Factory Outlet Centers Issues Public Offering

(SKT) Tanger Factory Outlet Centers Acquires Tanger Factory Outlet Centers

vitalstocks — Wed, 29 Jun 2011 20:37:01 +0000

Tanger Factory Outlet Centers, Inc. (SKT) recently acquired Prime Outlets at Jeffersonville from Ohio Factory Stores Partnership, a subsidiary of Simon Property Group Inc. (SPG) for approximately $134 million. The acquisition was funded with borrowings under the company’s recently transacted $150 million loan. The acquired property is the largest outlet center in Ohio and currently [...]

(SKT) Tanger Factory Outlet Centers Acquires Tanger Factory Outlet Centers

(VNO) Vornado Realty Trust Shares in Toys ‘R’ Us Loss

vitalstocks — Mon, 27 Jun 2011 18:51:11 +0000

Vornado Realty Trust (VNO), a leading real estate investment trust (REIT), has recently announced its share of first quarter 2011 financial results of Toys ‘R’ Us – a leading global retailer of dedicated toys and baby products. Vornado Realty, which currently owns about 32.7% of Toys ‘R’ Us, will record its share when it reports [...]

(VNO) Vornado Realty Trust Shares in Toys ‘R’ Us Loss

(TCO) Taubman Centers Prices Equity Offer

vitalstocks — Tue, 21 Jun 2011 18:56:42 +0000

Taubman Centers Inc. (TCO), a real estate investment trust (REIT), has priced its equity offer of 1.75 million common shares announced recently at $56.50 each. The secondary offering is part of its strategic initiative to raise cash and repay debt. Taubman has also decided to grant The Goldman Sachs Group, Inc. (GS) – the sole [...]

(TCO) Taubman Centers Prices Equity Offer

(REG) Regency Centers Corporation Leases in Florida

vitalstocks — Tue, 21 Jun 2011 04:18:01 +0000

Regency Centers Corporation (REG) recently leased 2650 square feet of restaurant space in Brandon, Florida at Bloomingdale Square to Chipotle Mexican Grill, Inc (CMG). The tenant is expected to start business in the fall of 2011. Chipotle Mexican operates quick-casual, fresh Mexican food restaurant chains in 35 states throughout the United States, the District of Columbia [...]

(REG) Regency Centers Corporation Leases in Florida

(TCO) Taubman Centers Makes Secondary Offering

vitalstocks — Thu, 16 Jun 2011 14:28:38 +0000

Taubman Centers Inc. (TCO), a real estate investment trust (REIT), has recently announced a secondary offering of 1.75 million common shares to raise cash and repay debt. The company will also grant The Goldman Sachs Group, Inc. (GS) – the sole underwriter for the offering, an option to purchase an additional 262,500 shares to cover [...]

(TCO) Taubman Centers Makes Secondary Offering

(VNO) Vornado Realty Trust Prices Secondary Offering

vitalstocks — Tue, 26 Apr 2011 15:36:21 +0000

Vornado Realty Trust (VNO), a leading real estate investment trust (REIT), has recently priced a secondary offering of 7.0 million perpetual 6.875% Series J Cumulative Redeemable Preferred Shares at $25.00 each. The company has also granted the underwriters an option to purchase an additional 1.05 million preferred shares to cover any over-allotments. BofA Merrill Lynch, [...]

(VNO) Vornado Realty Trust Prices Secondary Offering

(RPI) Restaurant Industry Stock Review – April 2011 – Industry Outlook

vitalstocks — Tue, 19 Apr 2011 10:12:41 +0000

The restaurant industry finally seems ready to show improvements in the second half of 2011. Riding on the back of a slowly reviving U.S. economy and the consequent rise in comparable-store sales, restaurant operators have managed to post improved results in recent months. We expect restaurant companies to continue delivering better numbers in the upcoming [...]

(RPI) Restaurant Industry Stock Review – April 2011 – Industry Outlook

(NRF) Retail Industry Outlook – April 2011 – Industry Outlook

vitalstocks — Fri, 08 Apr 2011 05:05:55 +0000

Insight from Fiscal 2010 Fiscal 2010 was a year of hard work, involving the continuous streamlining of internal processes. To that end, retailers concentrated on aligning inventories with sales, improving operating efficiencies and spending on technology. These focused efforts helped retailers enter fiscal 2011 with a more optimistic outlook. Foresight for Fiscal 2011 While challenges [...]

(NRF) Retail Industry Outlook – April 2011 – Industry Outlook

(DDR) Developers Diversified Realty Corporation Prices Senior Unsecured Notes

vitalstocks — Mon, 28 Mar 2011 21:28:44 +0000

Developers Diversified Realty Corporation (DDR), a real estate investment trust (REIT), has recently offered 4.75% senior unsecured notes worth $300 million that are scheduled to mature in April 2018. The company has priced the notes at 99.315% of the face amount to yield 4.86% at maturity. Developers Diversified expects to raise net proceeds of approximately [...]

(DDR) Developers Diversified Realty Corporation Prices Senior Unsecured Notes

(REG) Regency Centers Acquires Willow Festival Shopping Center

vitalstocks — Sat, 18 Dec 2010 20:55:53 +0000

Regency Centers Corp. (REG), a leading operator and developer of grocery-anchored and community shopping centers across the U.S., has recently acquired Willow Festival, a 405,227 square foot neighborhood shopping center in the Chicago metro area. The company purchased the property for $64 million from Hamilton Partners, a privately-owned real estate development firm. Willow Festival is [...]

(REG) Regency Centers Acquires Willow Festival Shopping Center

(MAC) Macerich Quarterly Report Marginally Beats Expectations

vitalstocks — Thu, 18 Nov 2010 04:43:24 +0000

The Macerich Company (MAC), a fully integrated real estate investment trust (REIT), reported third quarter 2010 FFO (fund from operations) of $93.3 million or 66 cents per share, compared with $88.7 million or 97 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after [...]

(MAC) Macerich Quarterly Report Marginally Beats Expectations

(KIM) Kimco Realty Reports Year-Over-year Quarterly Revenues Increase 10.7%

vitalstocks — Sun, 07 Nov 2010 20:15:00 +0000

Kimco Realty Corp. (KIM), a leading real estate investment trust (REIT), reported third quarter 2010 rental revenues of $210.5 million compared with $190.1 million in the year-earlier quarter – an increase of 10.7%. However, total revenues for the reported quarter fell short of the Zacks Consensus Estimate of $214 million. Kimco reported third quarter 2010 FFO [...]

(KIM) Kimco Realty Reports Year-Over-year Quarterly Revenues Increase 10.7%

(DDR) Developers Diversified Realty Marginally Beats Expectations

vitalstocks — Wed, 03 Nov 2010 18:21:26 +0000

Developers Diversified Realty Corp. (DDR), a real estate investment trust (REIT), reported third quarter 2010 FFO (fund from operations) of $37.1 million or 14 cents per share compared to a FFO loss of $90.1 million or 54 cents per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance [...]

(DDR) Developers Diversified Realty Marginally Beats Expectations

(DDR) Developers Diversified Realty Refinances Senior Revolving Credit Facilities

vitalstocks — Tue, 26 Oct 2010 04:47:20 +0000

Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently refinanced two senior revolving credit facilities in two separate transactions to strengthen its liquidity and reduce its refinancing risks. Both the new revolving credit facilities are currently priced at LIBOR plus 275 basis points. Developers Diversified has replaced a $1.25 billion [...]

(DDR) Developers Diversified Realty Refinances Senior Revolving Credit Facilities

(PPS) Post Properties Announces $150 Million 4.75% Note Offering

vitalstocks — Wed, 20 Oct 2010 16:28:21 +0000

Post Properties Inc. (PPS), a leading operator and developer of multifamily properties across the U.S., has recently announced an offer to sell 4.75% senior unsecured notes worth $150 million. Wells Fargo Securities LLC, part of Wells Fargo & Company (WFC); Deutsche Bank (DB); and J.P. Morgan Securities LLC, the investment banking division of JPMorgan Chase [...]

(PPS) Post Properties Announces $150 Million 4.75% Note Offering

(EQY) Equity One to Acquire Capital & Counties USA Unit

vitalstocks — Tue, 25 May 2010 23:11:53 +0000

On Sunday, Equity One Inc. (EQY) announced its plan to acquire Capital & Counties USA Inc. in a $600 million transaction through a joint venture (JV) with the parent company, Capital Shopping Centres Group plc (“CSCG”). Under the terms of the agreement, CSCG will receive 4.1 million Equity One common shares and 10.9 million JV [...]

(EQY) Equity One to Acquire Capital & Counties USA Unit

(HIW) Highwoods Properties Extends Ties with INC Research

vitalstocks — Mon, 24 May 2010 21:42:49 +0000

Highwoods Properties, Inc. (HIW), a real estate investment trust (REIT), has recently extended its long-term association with INC Research, a therapeutically focused contract research organization, by signing a second leasing agreement for 60,000 square feet of space at Highwoods Tower II in Raleigh, North Carolina. With the new lease, INC Research intends to shift its [...]

(HIW) Highwoods Properties Extends Ties with INC Research

(DDR) Developers Diversified Realty Reports Leases Strong

vitalstocks — Mon, 24 May 2010 20:53:27 +0000

Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently signed a leasing agreement for 671,278 million square feet of space in Hatillo, Puerto Rico. The lessee is T.J. Maxx, a chain of U.S. department stores owned by The TJX Companies Inc. (TJX) – an off-price apparel and home fashions retailer. [...]

(DDR) Developers Diversified Realty Reports Leases Strong

(SPG) Simon Property Group First Quarter 2010 Earnings Scorecard

vitalstocks — Mon, 24 May 2010 04:10:31 +0000

Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), reported fiscal 2010 first quarter recurring FFO (funds from operations) of $1.41 per share that well exceeded the Zacks Consensus Estimate of $0.83. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization [...]

(SPG) Simon Property Group First Quarter 2010 Earnings Scorecard

(KIM) Kimco Realty Forms Joint Venture to Acquire Assets

vitalstocks — Thu, 20 May 2010 16:24:19 +0000

Kimco Realty Corporation (KIM), a real estate investment trust (REIT), has recently formed a joint venture with BIG Shopping Centers, an Israeli publicly traded company, to acquire high-quality neighborhood and community shopping centers throughout the U.S. Kimco would have the controlling stake in the joint venture with 50.1% ownership interests, while BIG would have a [...]

(KIM) Kimco Realty Forms Joint Venture to Acquire Assets

(RSO) Resource Capital REIT to Issue 7.5 Million Shares

vitalstocks — Thu, 20 May 2010 16:22:26 +0000

Resource Capital Corp. (RSO), a real estate investment trust (REIT) that invests in commercial real estate debt and other commercial finance assets, has recently announced plans to offer 7.5 million common shares at $5.25 each to raise cash. The company will also grant the underwriters an option to purchase an additional 1.1 million shares to [...]

(RSO) Resource Capital REIT to Issue 7.5 Million Shares

(REG) Regency Centers Corporation Funds From Operations Dips First Quarter

vitalstocks — Mon, 10 May 2010 15:16:20 +0000

Regency Centers Corp. (REG), a self-administered and self-managed real estate investment trust (REIT), reported FFO (funds from operations) of $48.6 million or 58 cents per share in the first quarter of 2010, compared to $55 million or 78 cents per share in the year-earlier period. Funds from operations, a widely used metric to gauge the [...]

(REG) Regency Centers Corporation Funds From Operations Dips First Quarter

(KIM) Kimco Realty Corporation’s Quarterly Revenue Soars

vitalstocks — Thu, 06 May 2010 20:32:20 +0000

Kimco Realty Corp (KIM), a leading real estate investment trust (REIT), reported a 17.3% increase in first quarter 2010 rental revenues compared to the year-earlier quarter. Revenues for the reported quarter increased to $227.0 million from $193.6 million in the year-ago quarter. The company reported first quarter 2010 FFO (fund from operations) of $126.0 million [...]

(KIM) Kimco Realty Corporation’s Quarterly Revenue Soars

(VNO) Institute for Supply Management Index Surges

vitalstocks — Tue, 06 Apr 2010 04:14:29 +0000

The Institute for Supply Management’s non-manufacturing, or service, sector rose to 55.4 in March, up 2.4 points from February, and was above consensus expectations of a 54.0 reading. This is the third straight month that the index has been above the magic 50.0 level which separates expansion from contraction. Services are lagging well behind the [...]

(VNO) Institute for Supply Management Index Surges

(MAC) The Macerich Company Refinances Property

vitalstocks — Mon, 05 Apr 2010 17:27:12 +0000

The Macerich Company (MAC), a leading real estate investment trust (REIT), has recently refinanced South Plains Mall, a 1.2 million square feet shopping mall in Lubbock, Texas. The $105 million refinancing transaction took place with the Royal Bank of Scotland, one of the retail banking subsidiaries of the Royal Bank of Scotland Group Plc (RBS). [...]

(MAC) The Macerich Company Refinances Property

(REG) Regency Centers Corporation Buys South Charlotte Asset

vitalstocks — Sat, 27 Mar 2010 21:08:47 +0000

Regency Centers Corporation (REG), a leading operator and developer of grocery-anchored and community shopping centers across the U.S., recently purchased Providence Commons Shopping Center, a 191,301 square feet retail center in south Charlotte, for an undisclosed amount. Providence Commons is strategically located in Charlotte’s rapidly growing southeast sector, and enjoys excellent consumer visibility from multiple [...]

(REG) Regency Centers Corporation Buys South Charlotte Asset

(VNO) Vornado Realty Trust Offers Unsecured Notes

vitalstocks — Sat, 27 Mar 2010 21:03:27 +0000

Vornado Realty Trust (VNO), one of the largest real estate investment trusts (REITs) in the U.S., has recently announced an offering of $500 million aggregate principal amount of 4.25% senior unsecured notes due April 1, 2015. The debt offering is expected to raise net proceeds of approximately $496 million, which would be primarily used for [...]

(VNO) Vornado Realty Trust Offers Unsecured Notes

(REG) Regency Centers Corporation Buys South Charlotte Asset

vitalstocks — Thu, 25 Mar 2010 21:43:45 +0000

(REG) Regency Centers Corporation Buys South Charlotte Asset

(HIW) Highwoods Properties Renews Lease with Krispy Kreme

vitalstocks — Thu, 25 Mar 2010 21:24:07 +0000

Highwoods Properties, Inc. (HIW), a real estate investment trust (REIT), has recently renewed its lease agreement for 59,000 square feet of space at 370 Knollwood in Winston-Salem, North Carolina, with Krispy Kreme Doughnuts (KKD), an international retailer of premium-quality sweet treats. With the deal, Highwoods has extended its long-term relationship with Krispy Kreme. Established in [...]

(HIW) Highwoods Properties Renews Lease with Krispy Kreme

(SPG) Simon Property Group Bids for General Growth Properties

vitalstocks — Wed, 17 Feb 2010 23:00:54 +0000

Ending months of speculation, Simon Property Group Inc. (SPG), the largest publicly traded retail real estate company in North America, recently made an unsolicited $10 billion takeover bid for its bankrupt rival General Growth Properties. General Growth is arguably the second largest mall operator in the U.S. and owns over 200 malls in 45 states. [...]

(SPG) Simon Property Group Bids for General Growth Properties

(MAC) Macerich Fourth Quarter Funds From Operations Dips

vitalstocks — Mon, 15 Feb 2010 23:12:04 +0000

The Macerich Co. (MAC), a real estate investment trust (REIT) focused on leasing regional and community shopping centers throughout the U.S., reported fourth quarter 2009 FFO (funds from operations) of $92.7 million or $0.90 per share, compared to $170.1 million or $1.92 per share in the year-earlier quarter. Fund from operations, a widely used metric [...]

(MAC) Macerich Fourth Quarter Funds From Operations Dips

(TCO) Taubman’s Centers Quarterly Funds From Operations Improves

vitalstocks — Thu, 11 Feb 2010 00:19:08 +0000

Taubman Centers, Inc. (TCO), a real estate investment trust (REIT), reported strong fourth quarter 2009 results with FFO (fund from operations) of 56 cents per share compared to an FFO loss of 57 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation [...]

(TCO) Taubman’s Centers Quarterly Funds From Operations Improves

(SPG) Simon Property Group Quarterly Funds From Operations Dips

vitalstocks — Sat, 06 Feb 2010 00:23:46 +0000

Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), reported fourth quarter 2009 FFO (funds from operations) of $485.2 million or $1.40 per share, compared to $540.5 million or $1.86 per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after [...]

(SPG) Simon Property Group Quarterly Funds From Operations Dips

(KIM) Kimco Realty’s Revenue Rises

vitalstocks — Thu, 04 Feb 2010 21:46:34 +0000

Kimco Realty Corp. (KIM) reported a 7.5% increase in fourth quarter revenues from rental properties. Revenues for the reported quarter increased to $211.8 million from $196.99 million in the year-ago quarter. For full year 2009, revenues from rental properties climbed to $786.89 million from $758.70 million in 2008. The company reported an increase in fourth [...]

(KIM) Kimco Realty’s Revenue Rises

(CLI) Mack-Cali Realty Refinances Loan With Prudential Financial Unit

vitalstocks — Fri, 22 Jan 2010 00:51:48 +0000

Mack-Cali Realty Corp. (CLI), a fully integrated real estate investment trust (REIT), has recently refinanced a $150 million secured loan with the Prudential Insurance Company of America, the insurance division of Prudential Financial Inc. (PRU), a premier financial service provider in the U.S. The refinanced loan also included VPCM LLC, a wholly owned subsidiary of [...]

(CLI) Mack-Cali Realty Refinances Loan With Prudential Financial Unit

(HIW) Highwoods Properties Keeps Strong Leasing

vitalstocks — Thu, 14 Jan 2010 22:59:50 +0000

Highwoods Properties, Inc. (HIW), a real estate investment trust (REIT), has recently signed a leasing agreement for its 16,000 square feet of industrial space at 412 Gallimore Dairy Road in Greensboro, North Carolina. The deal was signed with Sedgefield Interior Landscapes, a premier interior landscape design, installation and service provider. The detailed terms and conditions [...]

(HIW) Highwoods Properties Keeps Strong Leasing