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SAN FRANCISCO-The California properties, two 90,000-sf department stores and the company's 420,000-sf distribution facility, are tied together in a joint trust arrangement. Gregory Ambro, CFO for the Fresno, CA-based department store chain, tells GlobeSt.com the company is talking with potential buyers who would be willing to un-bundle the properties.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!