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CHICAGO, LONDON—The company has separated the positions of chief executive officer and president, and brought Christian Ulbrich, its EMEA leader, on as president.
ORANGE COUNTY, CA—Pacific City and Lido Marina Village both honor the DNA and history of their unique locations, DJM Capital Partners' Linda Berman tells GlobeSt.com in this <b>EXCLUSIVE</b> look at both lifestyle commercial projects.
SAN DIEGO—Driven by the capital markets, CMBS will continue to be extremely volatile, with the pool narrowing and spreads widening, say speakers at Burnham-Moores' real estate conference here last week.
EDISON, NJ—Mack-Cali Realty Corporation's reported 2015 net loss of $125.8 million was largely because of the company's strategic realignment, which added an impairment charge of almost $198 million to its financial results.
CHICAGO—Tenant demand remains strong in the submarket, but the real test will come this summer, when about 1 million square feet of spec space is on the market.
GLENOLDEN, PA— Morris Realty and Investment has sold Glenolden Self Storage, a 383-unit self-storage facility located in the Philadelphia suburb of Glenolden, PA, to Sovran Self Storage. Sovran purchased the asset free and clear of existing debt in an all-cash transaction.