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Bank of America to sell some office space
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.
Man killed in Industrial Park Road mishap
A local resident was struck and killed by a vehicle Wednesday night while crossing Industrial Park Road, said authorities.
Bank of America to sell some office space
The bank has so far identified three office buildings it will sell, in N.Y. and N.C. It also has substantial real estate holdings in Southern California. In a move to shed nonessential assets, Bank of America will sell and lease back some of its administrative office space.
Commecial properties: Uptown Holdings buys commercial condo
Naples Uptown Holdings LLC purchased a 120,000-square-foot commercial condominium known as Uptown Center from U.S.
First Drips Of Liquidity Felt In Non-Traded REITs
So-called non-traded REITs (NTRs) represent a rapidly growing income producing niche among “alternative” investments. In its nascent history, the NTR industry has raised some $80 billion, largely from individual investors. This compares with $430 billion for the entire REIT industry, traded and non-traded.
City office space demand 'rises'
Demand for office space rose sharply in Scotland's two largest cities last year, according to a study.