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GADSDEN, AL-Pennsylvania Real Estate Investment Trust pays $58.8 million for the mall, which was 86% leased as of the end of the year. The deal includes a nearby 40,000-sf, government-leased office building that it plans to retrade.
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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!