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Flush private equity firms, encouraged by low interest rates, have gone on an M&A spree this year.
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Nearly 50M SF of new retail openings have been announced this year, outpacing closures.
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The owners of the Lakeforest Mall, Dulles Town Center and Westfield Montgomery say they are looking to adapt their properties for the future of retail.
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Renovations are up 16% above the quarterly average for the past 10 years as landlords hustle to prepare the office for a new era.
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Not the best market to be leasing into.
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WashREIT reached a deal to sell a 12-asset office portfolio to a Brookfield Asset Management fund, and it signed a letter of intent to sell its retail portfolio
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As malls reinvent themselves, medical offices are becoming a reliable tenant to fill vacant retail spaces.
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Anthony Chang left WashREIT after it sold its office portfolio, and he now joins Stream Realty to lead a new office for the brokerage firm.
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Hobby Lobby will take over the former Babies R Us space.
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TPG Real Estate, as it expands UK venture, opts for single-family BTR in the North and Midlands regions.
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