LaSalle Investment Management has raised $1 billion this year to invest in real-estate assets in Asia. A closer inspection of the $700 million purchase of 24,700 square feet of retail space plus air rights at the St. Regis Hotel and a neighboring townhouse reveals hidden value. Ross Glickman and Ken Lombard Capri Capital Partners LLC, a Chicago-based real estate firm, said it launched a retail investment business and hired the ousted leader of Urban Retail Properties LLC to run it. Staples Inc. said it will end a pilot program with the U.S. Postal Service to set up mini-post offices in the companys stores. These are among todays 10 must reads from around the commercial real estate sector.
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