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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
WASHINGTON, DC-Analysts see the Blackstone/CarrAmerica deal as a win-win situation. Mack-Cali certainly does, pocketing $16 million as it sheds its stake in the newly merged DC company.
NEW YORK CITY-Continuing its aggressive acquisition stance, the Blackstone Group will acquire all of the outstanding common stock of the locally based developer and owner. Liquidation of the company will follow.
NEW YORK CITY-Continuing its aggressive acquisition stance, the Blackstone Group will acquire all of the outstanding common stock of the locally based developer and owner. Liquidation of the company will follow.
PALO ALTO, CA-The bidding war stops with Oriole refusing to up its last bid any further. In the small hours of the morning, T&C makes its decision.