Company Overview and News

 
Arbor Realty Trust Schedules First Quarter 2018 Earnings Conference Call

2018-04-20 globenewswire
UNIONDALE, N.Y., April 20, 2018 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE:ABR), today announced that it is scheduled to release first quarter 2018 financial results before the market opens on Friday, May 4, 2018. The Company will host a conference call to review the results at 10:00 a.m. Eastern Time on May 4, 2018.
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Alexandria (ARE) Expands Alexandria LaunchLabs in Cambridge

2018-04-13 zacks
Alexandria Real Estate Equities, Inc. (ARE - Free Report) is expanding its full-service life science startup platform, Alexandria LaunchLabs. The company will be opening a 20,000 square feet co-working space in Alexandria Center that is located in One Kendall Square, the heart of East Cambridge. The latest opening, which is scheduled for fall 2018, is the extension of the company’s initial launch that occurred in June 2017 in New York.
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Terreno (TRNO) Updates Q1 Operating & Investment Activities

2018-04-12 zacks
Terreno Realty Corporation (TRNO - Free Report) provided insights on its first-quarter operating, investment and capital markets activities. In sync with its strategy of acquiring industrial properties in strategic locations, this San Francisco-based real estate investment trust (REIT) purchased three industrial properties in the first quarter for a total of $84.7 million. These properties, comprising three buildings spanning 418,000 square feet, are located in Torrance, CA; Woodside Queens, NY and Seattle, WA.
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SL Green (SLG) Declares Sale of Three Office Properties

2018-04-12 zacks
SL Green Realty (SLG - Free Report) announced an agreement to sell 1745 Broadway, which is an office building in Manhattan. The company, together with its joint venture partner Ivanhoe Cambridge, will sell the property for $633 million or $939 per square foot. The transaction is subject to customary closing conditions and will likely close by second-quarter 2018. SL Green will be selling the property to an institutional customer of Invesco Real Estate.
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Outfront Media (OUT) Collaborates with Ford for OOH Campaign

2018-04-11 zacks
Outfront Media (OUT - Free Report) collaborated with Ford Motor Company (F - Free Report) for an out-of-home (OOH) advertising campaign, which will run through July and display Mustang’s 2018 model. Through the Pony Personalizer, original Mustang logo art can be created and shared by the customers, which might be displayed on Outfront Media’s displays. The ad campaign will be displayed at multiple locations in the country, including Los Angeles, Atlanta, Dallas/Ft.
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Boston Properties (BXP) to Break Ground for Oakland Project

2018-04-11 zacks
Boston Properties, Inc. (BXP - Free Report) is slated to break ground on May 2 for its first residential project on the West Coast, per news from San Francisco Business Times. The move comes as part of the company’s effort to diversify its asset base. Specifically, a 402-unit apartment tower will be developed adjacent to Oakland's MacArthur BART station. As a result, the tower is expected to enjoy decent accessibility to transportation.
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Iron Mountain (IRM) Rolls Out Iron Cloud for Video Content

2018-04-11 zacks
Of late, Iron Mountain Incorporated (IRM - Free Report) has been adding capabilities to its cloud platform. Specifically, the company recently announced rolling out the Iron Cloud for Video, which is a secure and scalable cloud-based solution enabling organizations to manage video content efficiently. Particularly, the solution offers organizations a scope to lower the cost and complexity of management of video data and content while increasing compliance.
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Vornado Announces "Handshake" Deal With Kushner Companies

2018-04-09 zacks
Vornado Realty Trust (VNO - Free Report) reached a “handshake” deal to sell 49.5% stake in the Manhattan office tower at 666 Fifth Avenue to Kushner Companies, as per the regulatory filing by Vornado done on Friday. The terms of the deal with Kushner, the majority owner of the economically distressed building, has not been revealed yet. Notably, Vornado will retain the ownership of 666 Fifth Avenue retail.
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Digital Realty's Singapore Sites to Enjoy SGIX Local Peering

2018-04-09 zacks
Data Center REIT — Digital Realty Trust, Inc. (DLR - Free Report) — recently announced a partnership with Singapore Internet Exchange (SGIX). The move is aimed at providing local peering at its Singapore data-center facilities in Jurong West and Loyang East. In fact, one of the largest internet exchanges in Singapore, SGIX enjoys peak Internet traffic of more than 150 Gbps. It will provide customers at Digital Realty's Jurong West and Loyang East Singapore facilities better and cost-effective connectivity choices.
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Iron Mountain Adds Capabilities to Policy Center Platform

2018-04-06 zacks
Iron Mountain Incorporated (IRM - Free Report) recently announced that it has added new capabilities to its online policy management platform — Policy Center — that will enable companies to understand and comply with policies relating to privacy and retention of data.
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Public Storage Unveils Self-Storage Facility in Huntersville

2018-04-05 zacks
Public Storage (PSA - Free Report) unveiled a new three-story self-storage facility in sync with its plans of expanding in North Carolina. The storage facility was established in Huntersville, a suburb of Charlotte. Located at 10219 Bryton Corporate Center Dr. Huntersville, NC 28078, this self-storage unit has 900 spaces available. The facility is adjacent to the new Walmart Supercenter, Lake Norman and the Northlake Mall.
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Kimco Realty (KIM) Disposes Of 21 Shopping Centers in Q1

2018-04-04 zacks
Kimco Realty Corp. (KIM - Free Report) revealed its transaction activities for first-quarter 2018. The company disclosed dispositions of 21 shopping centers, spanning 2.3 million square feet, for a total $219.5 million. Of this, the company’s share included $210.2 million. A portfolio of five properties in the St. Louis market was disposed of for $49.5 million. Along with that, a five-property portfolio, located in Florida and Georgia, was sold for $72.
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Aimco's Gets Favorable Verdict Against Airbnb Proceeding

2018-04-04 zacks
The lawsuit of Apartment Investment and Management Company (AIV - Free Report) — better known as Aimco — against Airbnb, which alleged that the short-term rental website has allowed tenants to violate their lease agreements through unauthorized subleases, has proceeded in the Florida court. Further, the court dismissed Airbnb’s premise which was supposedly protected by the Communications Decency Act.
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Equinix (EQIX) Closes $800M Infomart Dallas Acquisition

2018-04-04 zacks
Equinix, Inc. (EQIX - Free Report) recently completed the acquisition of the Infomart Dallas from ASB Real Estate Investments in an $800-million cash-debt transaction. This move is in sync with the company’s effort to expand in the region. Further, it offers scope to capitalize on the solid growth potential of the Latin America market in terms of Interconnection Bandwidth. The buyout seems a strategic fit for Equinix.
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Why Should You Add Alexandria (ARE) Stock to Your Portfolio?

2018-04-03 zacks
Office real estate investment trust (REIT) Alexandria Real Estate Equities, Inc. (ARE - Free Report) has a particular focus on collaborative life-science and technology campuses. The company, which is based in Pasadena, CA, specifically emphasizes on Class A properties concentrated in urban campuses. These locations are characterized by high barriers to entry and exit, and a limited supply of available space.
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