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CHAPEL HILL, NC-The 975-acre park would resemble North Carolina State University's 1,192-acre Centennial Campus in Raleigh. Chapel Hill is 90 miles northeast of Downtown Charlotte.
SEATTLE-The self-storage REIT is reporting third quarter funds from operation of approximately $22.2 million, a 6.4% increase over the last year's third quarter. On a per share basis, the company's FFO increased 4.1%.
ATLANTA-The locally-based REIT is paying a fourth quarter dividend of .5675 cents per common share to shareholders of record on Dec 15. Gables' annual dividend will amount to $2.27 per share.
HOUSTON-It's not every big box retailer that can say its land has been bought from the stars. Costco and Great Indoors have sealed a 26-acre purchase from a multiple investor partnership that includes Johnny Carson and Neil Simon.
ORANGE COUNTY, CA-Holders of Pacific Gulf Properties common and preferred stock gave a thumbs up Thursday to selling the REIT's industrial and multifamily portfolios, as well as its remaining assets.
NEW YORK CITY-While signs that the shine of the wild and lucrative ride is wearing off, the question in this industry turns to property. Many say demand is still high enough.
DALLAS-If third-quarter returns are a measure of the region's vitality, then all is well in North Texas. Among the favorable returns being posted by Dallas-Ft. Worth companies are Trammell Crow and Crescent Real Estate Equities.