Subject: REITS -general (REITS)

Brandywine Realty Trust, which owns 63 office and mixed-use properties with 11.76 million square feet in the Philadelphia, Washington, D.C., and Austin, Texas, markets, is itching to get its investment-grade ratings back. To do so, it's looking to reduce its ...

Commercial Real Estate Direct Staff Report Sixth Street Partners has made an unsolicited offer to buy Plymouth Industrial REIT Inc., which owns a portfolio of 148 properties with 32 million square feet, for $24.10/share in cash, or $1.07 billion. Sixth ...

Commercial Real Estate Direct Macerich Co., which previously had planned to offer its South Plains Mall in Lubbock, Texas, for sale, has changed its mind and is now aiming to get the maturity date of the property's $200 million mortgage ...

Vornado Realty Trust would like to focus on its New York holdings. So, the REIT would consider selling The Mart, a 3.97 million-square-foot property in Chicago, and 555 California St., a 1.82 million-sf office complex in San Francisco.

Wesley LePatner, chief executive of Blackstone Real Estate Income Trust Inc., was among those killed in yesterday's shooting at 345 Park Ave. in midtown Manhattan, according to a report in the New York Post. LePatner, 43, was shot and killed ...

Commercial Real Estate Direct Staff Report Empire State Realty Trust Inc. recorded 221,776 square feet of office leasing during the second quarter. While that was down from the 261,311 sf it recorded a year ago, the bulk of its leasing ...

Commercial Real Estate Direct Staff Report Easterly Government Properties, which owns 102 properties with 10.2 million square feet that are leased to government agencies, is aiming to increase its exposure to state and local governments while reducing its exposure to ...

Commercial Real Estate Direct Staff Report BXP Inc. has seen a surge in demand for office space, particularly in Manhattan. That's helped increase the size of its leasing pipeline to 1.5 million square feet from 1.17 million sf just two ...

Commercial Real Estate Direct Staff Report BXP Inc. is expecting it will be able to charge rents of $200/sf to $300/sf at the 950,000-square-foot office building it's constructing at 343 Madison Ave. in midtown Manhattan. The Boston REIT owns the ...

Commercial Real Estate Direct Staff Report Cousins Properties is actively looking to acquire the same types of "lifestyle" office properties it owns across the Sunbelt region as demand for space in the best properties in certain markets is outstripping new ...