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| Top Stories for the Week of May 12, 2008 |
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$960M Loan Funds 12M-SF Portfolio Buy NEW YORK CITY-Locally based iStar Financial Inc. acquires a 34-property portfolio located in 12 states. The portfolio consists of single-tenant office, R&D and industrial properties.
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CBRE Realty Trust, Duke Form $800M JV LOS ANGELES-The deal calls for the JV of CB Richard Ellis Realty Trust and Duke Realty Corp. to acquire up to $800 million of industrial projects from Duke.
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$800M JV Names Properties for Acquisition LOS ANGELES-The newly formed venture of CB Richard Ellis Realty Trust and Duke Realty Corp. plans to acquire six properties in Arizona, Florida, Indiana, Ohio and Texas.
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Atlantic Yards Rally Urges for Time Out BROOKLYN, NY-Despite delays, clouds of uncertainty, and a mega-rally to stop the $4-billion project, Ratner says the project is moving forward, and will be built in its entirety.
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