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PHILADELPHIA-The locally based REIT that specializes in commercial real estate financing offers two million shares of common stock at $22.75 a share. An over-allotment of 300,000 shares could add $6.5 million to net proceeds.
SOUTHFIELD, MI-Ramco-Gershenson Properties Trust saw revenues increase almost 20% in the third quarter, thanks largely to project completions and property expansions.
NEW YORK-A Cushman & Wakefield analysis of 33 markets along the southern coastline finds economic indicators such as industrial production and employment trends rising in sharp contrast to other regions of the country.
RICHMOND, VA-The city played host to the 13th annual VCU Real Estate Trends conference, providing a platform for Real Estate Research Corp. CEO Kenneth P. Riggs Jr. to present a positive forecast for the industry.
HOUSTON-The Houston Association of Realtors and O'Connor & Associates pen a plan that brings together 8,000 office and industrial properties along with such invaluable information as eight years of historical performance.
FARMERS BRANCH, TX-Granite Properties parts with a 99%-occupied, class A office building in an investment sales climate that is bringing top dollar for those with stabilized assets to sell. Real estate pros are betting the check was at least $50 million.
BROWARD COUNTY, FL-Year-to-date leasing remains "sluggish," though, according to a third-quarter Cushman & Wakefield report. A new Codina Realty Services report shows many signs of a stable market that some believe is improving.