Northeast

The four Ventas-Wexford projects are located in Pittsburgh, Philadelphia and St. Louis and are part of Ventas' near-term $1.5 billion R&I pipeline of expected new projects previously announced by Ventas.

CoStar Group senior consultant Andrew Rybczynski explains what that means in the record breaking deal, for industrial property trends.

"We thank the company's stockholders for engaging with the Mack-Cali Board and management team and providing constructive feedback. We welcome the newly elected directors and look forward to working collaboratively with them to create value for our stockholders," said Mack-Cali Realty chairman William Mack.

The recently renovated, 20-story building, 101 North Tryon, was previously owned by Barings LLC and LRC Properties.

This transaction marks the firm's seventh major acquisition over the past twelve months.

The invitation-only event will be held from October 21st to the 23rd at the Evian Resort in Evian les-Bains, France, on the south shore of Lake Geneva.

The agreements call for Century Casinos, Inc. of Colorado Springs, CO to acquire the operating assets of the three properties from Eldorado Resorts for approximately $107 million and VICI Properties Inc. of New York City to acquire the land and real estate assets of the three properties for approximately $278 million.

The deal is structured as a sale leaseback as part of a consortium alongside Related Cos. and a third-party investor.