Business Parks (PSB) 103.43 $PSB
CoreSite (COR) Seals Distribution Deal with Ingram Micro
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 7:59AM CDT
CoreSite Realty (COR) and Ingram Micro (IM) signed a distribution agreement that would enable Ingram Micro to offer CoreSite's data center colocation services and solutions.
DCT: 45.50 (-0.35), IM: 34.79 (-0.40), PSB: 103.43 (-0.19), COR: 84.86 (-0.35)
CoreSite (COR) Chosen to Expand Paperspace Cloud Platform
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:13AM CDT
The data center REIT, CoreSite Realty Corporation (COR), has been chosen by Paperspace to meet the requirements of its newly launched cloud computing platform.
DCT: 45.50 (-0.35), DEI: 34.03 (-0.47), PSB: 103.43 (-0.19), COR: 84.86 (-0.35)
Prologis Planning Multi-Story Development in South Seattle
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:42AM CDT
Prologis Inc. (PLD) is planning to come up with a multi-story development in South Seattle, according to a business journal.
DCT: 45.50 (-0.35), DEI: 34.03 (-0.47), PSB: 103.43 (-0.19), PLD: 48.14 (-1.95)
Gladstone Commercial Achieves 98.5% Portfolio Occupancy
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:38AM CDT
Gladstone Commercial Corporation (GOOD) disclosed signing of three news leases that has helped the company achieve portfolio occupancy to 98.5%.
DCT: 45.50 (-0.35), GOOD: 16.83 (-0.09), DEI: 34.03 (-0.47), PSB: 103.43 (-0.19)
Why REITs Are Preferred Investments Right Now
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 3:39PM CDT
Why REITs Are Preferred Investments Right Now
MPW: 15.03 (-0.10), IVR: 13.76 (-0.09), ROIC: 20.67 (-0.07), AHH: 13.33 (+0.33), APLE: 18.49 (-0.24), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), COR: 84.86 (-0.35), WSR: 14.97 (+0.02), UE: 27.91 (-0.17), ELS: 75.10 (+1.41), EDR: 44.02 (-0.09), CTRE: 13.40 (+0.05), DCT: 45.50 (-0.35), INN: 12.40 (-0.48), KIM: 29.56 (-0.17), BFS: 57.43 (-0.60), WPC: 68.81 (-0.16), TWO: 8.77 (+0.13)
One Liberty Properties Buys El Paso Distribution Facility
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:37AM CDT
One Liberty Properties, Inc. (OLP) disclosed the acquisition of a distribution facility in El Paso, TX. The company has shelled out $23.7 million for the purchase.
DCT: 45.50 (-0.35), OLP: 23.40 (-0.24), DEI: 34.03 (-0.47), PSB: 103.43 (-0.19)
SL Green Signs Renewal, Expansion Deal with New York Life
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 9:08AM CDT
SL Green Realty Corp. (SLG) disclosed signing a 10-year renewal and expansion lease deal with New York Life Insurance Company at the Graybar Building.
DCT: 45.50 (-0.35), SLG: 102.16 (-3.21), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93)
Troubled by Residential Real Estate? Buy These REITs Instead
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:54AM CDT
Things got worse for the residential REIT stocks that saw a sell-off over the past few days following a guidance cut for 2016 same store revenue by Equity Residential (EQR).
INN: 12.40 (-0.48), WPC: 68.81 (-0.16), PSB: 103.43 (-0.19), COR: 84.86 (-0.35), EQR: 65.50 (-0.59)
Prologis Reaps $1.6B in Proceeds, Exceeds Target Mid-Point
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 7:16AM CDT
Prologis Inc. (PLD) has reaped proceeds of $1.6 billion since the start of 2016 through May 31, from non-strategic dispositions, fund contributions and fund rebalance.
DCT: 45.50 (-0.35), FB: 112.08 (-3.00), PSB: 103.43 (-0.19), PLD: 48.14 (-1.95)
Vornado Closes Manhattan Building Financing, Sells Stake
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:15AM CDT
Vornado Realty Trust (VNO) recently sold a 47% stake in a Manhattan office building at a value of $561 million and also completed a $300 million recourse financing of this asset.
VNO: 96.99 (-1.94), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), WSR: 14.97 (+0.02)
Welltower (HCN) Debt Rating Upgraded to Baa1: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:37AM CDT
Ushering in good news for Welltower Inc. (HCN), Moody's Investors Service announced a rating upgrade with a stable outlook.
HCN: 72.49 (-0.55), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), MCO: 93.66 (-8.04)
First Potomac (FPO) to Sell Storey Park in Washington, D.C.
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:12AM CDT
First Potomac Realty Trust (FPO) is set to sell Storey Park, a development site located in the NoMa submarket of Washington, D.C., for gross proceeds of $54.5 million.
FPO: 9.16 (-0.22), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), WSR: 14.97 (+0.02)
Public Storage Presentation at NAREIT REITWeek 2016 to be Web Cast
BusinessWire - Tue May 31, 4:04PM CDT
Public Storage (NYSE
SA) announced today that the Company will make a presentation at NAREIT REITWeek 2016 in New York at the Waldorf Astoria in the Astor Room on Tuesday, June 7, 2016, from 3:00 p.m. to 3:30 p.m. (EDT). The presentation will be web cast and will be available on Public Storage's web site at www.publicstorage.com at "Company Info, Investor Relations, News and Events, Events Calendar" on the day of the conference. An audio archive of the web cast will be available through June 21, 2016.
PSA: 241.32 (+0.32), PSB: 103.43 (-0.19)
Will SL Green (SLG) Grow with Stake Buyout, Refinancing?
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:26AM CDT
We updated our research report on SL Green Realty Corporation (SLG) on May 30, 2016.
VNO: 96.99 (-1.94), SLG: 102.16 (-3.21), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93)
Rayonier (RYN) to Gain from Portfolio Revamp: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri May 27, 8:50AM CDT
We updated our research report on Rayonier Inc. (RYN) on May 26, 2016.
DCT: 45.50 (-0.35), RYN: 25.28 (-0.93), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Sovran Self Storage Gets Gross $690M from Stock Offering
Zacks Equity Research - Zacks Investment Research - Thu May 26, 9:48AM CDT
Sovran Self Storage, Inc. (SSS) raked in $690 million in gross proceeds from a public offering of 6.9 million shares at $100.00 per share.
DCT: 45.50 (-0.35), PSB: 103.43 (-0.19), SSS: 102.50 (+0.93), WSR: 14.97 (+0.02)
Boston Properties Confirms Colorado Center Stake Buyout
Zacks Equity Research - Zacks Investment Research - Wed May 25, 10:00AM CDT
Boston Properties Inc. (BXP) disclosed the signing of a binding agreement to acquire a 49.8% stake in Colorado Center in Santa Monica, CA.
BX: 24.47 (-1.41), BXP: 128.03 (-1.95), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
PS Business Parks, Inc. to Present at REITWeek 2016: NAREIT's Investor Forum
BusinessWire - Tue May 24, 4:03PM CDT
PS Business Parks, Inc. (NYSESB) announced that Joseph D. Russell, Jr., Chief Executive Officer, will make a presentation at REITWeek 2016: NAREIT's Investor Forum in New York City at the Waldorf Astoria in the Herbert Hoover Room on Thursday, June 9, 2016, from 11:00 a.m. to 11:30 a.m. (EDT). The presentation will be webcast through the Company's website at psbusinessparks.com.
PSB: 103.43 (-0.19)
Washington REIT Closes Riverside Apartments Acquisition
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:37AM CDT
Washington REIT (WRE) disclosed the completion of the previously announced Riverside Apartments acquisition in Alexandria, VA for $244.8 million.
DCT: 45.50 (-0.35), WRE: 29.99 (-0.10), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Cousins Inks Lease Deals for Atlanta's 191 Peachtree Tower
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:30AM CDT
Cousins Properties Incorporated (CUZ) disclosed the signing of two new leases at One Ninety One Peachtree Tower in Atlanta.
CUZ: 10.21 (-0.31), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02), PKY: 16.37 (-0.56)
CoreSite (COR) Seals Distribution Deal with Ingram Micro
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 7:59AM CDT
CoreSite Realty (COR) and Ingram Micro (IM) signed a distribution agreement that would enable Ingram Micro to offer CoreSite's data center colocation services and solutions.
DCT: 45.50 (-0.35), IM: 34.79 (-0.40), PSB: 103.43 (-0.19), COR: 84.86 (-0.35)
CoreSite (COR) Chosen to Expand Paperspace Cloud Platform
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:13AM CDT
The data center REIT, CoreSite Realty Corporation (COR), has been chosen by Paperspace to meet the requirements of its newly launched cloud computing platform.
DCT: 45.50 (-0.35), DEI: 34.03 (-0.47), PSB: 103.43 (-0.19), COR: 84.86 (-0.35)
Prologis Planning Multi-Story Development in South Seattle
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:42AM CDT
Prologis Inc. (PLD) is planning to come up with a multi-story development in South Seattle, according to a business journal.
DCT: 45.50 (-0.35), DEI: 34.03 (-0.47), PSB: 103.43 (-0.19), PLD: 48.14 (-1.95)
Gladstone Commercial Achieves 98.5% Portfolio Occupancy
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:38AM CDT
Gladstone Commercial Corporation (GOOD) disclosed signing of three news leases that has helped the company achieve portfolio occupancy to 98.5%.
DCT: 45.50 (-0.35), GOOD: 16.83 (-0.09), DEI: 34.03 (-0.47), PSB: 103.43 (-0.19)
Why REITs Are Preferred Investments Right Now
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 3:39PM CDT
Why REITs Are Preferred Investments Right Now
MPW: 15.03 (-0.10), IVR: 13.76 (-0.09), ROIC: 20.67 (-0.07), AHH: 13.33 (+0.33), APLE: 18.49 (-0.24), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), COR: 84.86 (-0.35), WSR: 14.97 (+0.02), UE: 27.91 (-0.17), ELS: 75.10 (+1.41), EDR: 44.02 (-0.09), CTRE: 13.40 (+0.05), DCT: 45.50 (-0.35), INN: 12.40 (-0.48), KIM: 29.56 (-0.17), BFS: 57.43 (-0.60), WPC: 68.81 (-0.16), TWO: 8.77 (+0.13)
One Liberty Properties Buys El Paso Distribution Facility
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:37AM CDT
One Liberty Properties, Inc. (OLP) disclosed the acquisition of a distribution facility in El Paso, TX. The company has shelled out $23.7 million for the purchase.
DCT: 45.50 (-0.35), OLP: 23.40 (-0.24), DEI: 34.03 (-0.47), PSB: 103.43 (-0.19)
SL Green Signs Renewal, Expansion Deal with New York Life
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 9:08AM CDT
SL Green Realty Corp. (SLG) disclosed signing a 10-year renewal and expansion lease deal with New York Life Insurance Company at the Graybar Building.
DCT: 45.50 (-0.35), SLG: 102.16 (-3.21), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93)
Troubled by Residential Real Estate? Buy These REITs Instead
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:54AM CDT
Things got worse for the residential REIT stocks that saw a sell-off over the past few days following a guidance cut for 2016 same store revenue by Equity Residential (EQR).
INN: 12.40 (-0.48), WPC: 68.81 (-0.16), PSB: 103.43 (-0.19), COR: 84.86 (-0.35), EQR: 65.50 (-0.59)
Prologis Reaps $1.6B in Proceeds, Exceeds Target Mid-Point
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 7:16AM CDT
Prologis Inc. (PLD) has reaped proceeds of $1.6 billion since the start of 2016 through May 31, from non-strategic dispositions, fund contributions and fund rebalance.
DCT: 45.50 (-0.35), FB: 112.08 (-3.00), PSB: 103.43 (-0.19), PLD: 48.14 (-1.95)
Vornado Closes Manhattan Building Financing, Sells Stake
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:15AM CDT
Vornado Realty Trust (VNO) recently sold a 47% stake in a Manhattan office building at a value of $561 million and also completed a $300 million recourse financing of this asset.
VNO: 96.99 (-1.94), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), WSR: 14.97 (+0.02)
Welltower (HCN) Debt Rating Upgraded to Baa1: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:37AM CDT
Ushering in good news for Welltower Inc. (HCN), Moody's Investors Service announced a rating upgrade with a stable outlook.
HCN: 72.49 (-0.55), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), MCO: 93.66 (-8.04)
First Potomac (FPO) to Sell Storey Park in Washington, D.C.
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:12AM CDT
First Potomac Realty Trust (FPO) is set to sell Storey Park, a development site located in the NoMa submarket of Washington, D.C., for gross proceeds of $54.5 million.
FPO: 9.16 (-0.22), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), WSR: 14.97 (+0.02)
Public Storage Presentation at NAREIT REITWeek 2016 to be Web Cast
BusinessWire - Tue May 31, 4:04PM CDT
Public Storage (NYSE
SA) announced today that the Company will make a presentation at NAREIT REITWeek 2016 in New York at the Waldorf Astoria in the Astor Room on Tuesday, June 7, 2016, from 3:00 p.m. to 3:30 p.m. (EDT). The presentation will be web cast and will be available on Public Storage's web site at www.publicstorage.com at "Company Info, Investor Relations, News and Events, Events Calendar" on the day of the conference. An audio archive of the web cast will be available through June 21, 2016. PSA: 241.32 (+0.32), PSB: 103.43 (-0.19)
Will SL Green (SLG) Grow with Stake Buyout, Refinancing?
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:26AM CDT
We updated our research report on SL Green Realty Corporation (SLG) on May 30, 2016.
VNO: 96.99 (-1.94), SLG: 102.16 (-3.21), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93)
Rayonier (RYN) to Gain from Portfolio Revamp: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri May 27, 8:50AM CDT
We updated our research report on Rayonier Inc. (RYN) on May 26, 2016.
DCT: 45.50 (-0.35), RYN: 25.28 (-0.93), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Sovran Self Storage Gets Gross $690M from Stock Offering
Zacks Equity Research - Zacks Investment Research - Thu May 26, 9:48AM CDT
Sovran Self Storage, Inc. (SSS) raked in $690 million in gross proceeds from a public offering of 6.9 million shares at $100.00 per share.
DCT: 45.50 (-0.35), PSB: 103.43 (-0.19), SSS: 102.50 (+0.93), WSR: 14.97 (+0.02)
Boston Properties Confirms Colorado Center Stake Buyout
Zacks Equity Research - Zacks Investment Research - Wed May 25, 10:00AM CDT
Boston Properties Inc. (BXP) disclosed the signing of a binding agreement to acquire a 49.8% stake in Colorado Center in Santa Monica, CA.
BX: 24.47 (-1.41), BXP: 128.03 (-1.95), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
PS Business Parks, Inc. to Present at REITWeek 2016: NAREIT's Investor Forum
BusinessWire - Tue May 24, 4:03PM CDT
PS Business Parks, Inc. (NYSE
SB) announced that Joseph D. Russell, Jr., Chief Executive Officer, will make a presentation at REITWeek 2016: NAREIT's Investor Forum in New York City at the Waldorf Astoria in the Herbert Hoover Room on Thursday, June 9, 2016, from 11:00 a.m. to 11:30 a.m. (EDT). The presentation will be webcast through the Company's website at psbusinessparks.com. PSB: 103.43 (-0.19)
Washington REIT Closes Riverside Apartments Acquisition
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:37AM CDT
Washington REIT (WRE) disclosed the completion of the previously announced Riverside Apartments acquisition in Alexandria, VA for $244.8 million.
DCT: 45.50 (-0.35), WRE: 29.99 (-0.10), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Cousins Inks Lease Deals for Atlanta's 191 Peachtree Tower
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:30AM CDT
Cousins Properties Incorporated (CUZ) disclosed the signing of two new leases at One Ninety One Peachtree Tower in Atlanta.
CUZ: 10.21 (-0.31), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02), PKY: 16.37 (-0.56)
