Category: Week in Review

Week-In-Review: Sovran Completes Acquisition with LifeStorage, Mixed-Use Project Coming to Sugar Land

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Sovran, LifeStorage Become One: Sovran Self Storage, one of the 5 largest self-storage companies in the country, remains in its spot with the completed $1.3 billion acquisition of LifeStorage LP. Since the self-storage industry is flourishing, Sovran made the right…

Week-In-Review: JLL Expands in South Texas, Steelbridge Closes Largest Office Deal Since 2015,

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JLL Expands South Texas Footprint: JLL recently acquired Travis Commercial Real Estate Services, a San Antonio-based firm. JLL selected Travis due to the fact that it wants to expand into central and south Texas markets. This acquisition makes JLL’s property…

Week-In-Review: Walgreens’ Rite Aid Merger to Close This Year, Risks to China Property Market Increasing

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Walgreens Says Rite Aid Merger On Track To Close This Year: Walgreens’ merger with Rite Aid expects to close by the end of this year, as long as they receive federal approval. This $17.2 billion buyout is still waiting on…

Week-In-Review: Atlantic City’s Revel Revived, Watergate Hotel Returns to Washington, DC

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  Atlantic City’s Revel Revived as Casino-Free Resort: Atlantic City’s Revel, a former resort and casino, planned to reopen this week, but it looks as though those plans fell through. The former resort declared bankruptcy twice and closed in 2014.…

Week-In-Review: Anbang’s Wu Cancels Speaking Engagement, Trump Hotel to Launch New Brand Concept

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Anbang’s Wu Cancels Appearance at NYC Real Estate Conference: Beijing based Anbang Insurance Group’s Wu Xiaohui abruptly cancels his appearance at the National Association of Real Estate Investment Trusts’ annual conference in New York City. He was scheduled to speak…