National

STAMFORD, CT—“We are done listening to excuses from the Taubman family for the company's undervaluation and inferior operating performance,” Land and Buildings' Jonathan Litt writes in a letter to Taubman Centers' independent directors.

SAN DIEGO—There is a significant difference between what a new apartment project costs to build or buy today and the pricing on 1970s and 1980s vintage projects, which can typically be acquired for well below replacement costs, Pathfinder's Lorne Polger tells GlobeSt.com <b>EXCLUSIVELY</b>.

CHICAGO—The developer has helped transform several of Chicago's industrial neighborhoods into trendy office centers, and plans to go national with projects in Portland, Miami and Nashville.

SAN DIEGO—Food-price decline means yet another squeeze on profit margins for grocers already facing price wars from increased competition and pressure for lower prices from discount grocers and new entrants, CBRE's Anthony Buono tells GlobeSt.com <b>EXCLUSIVELY</b>.

IRVINE, CA—Tech-software companies are developing new digital platforms to make mobile integration even easier and encourage more mobile connectivity between CRE professionals, Western National's Nick Alicastro tells GlobeSt.com <b>EXCLUSIVELY</b>.

MINNEAPOLIS—Equus just sold two value-add multifamily properties just two years after purchase, partly due to the tremendous interest others have in the metro area.