Signature Office REIT has agreed to merge into Griffin Capital Essential Asset REIT creating an office and industrial REIT focused on business essential properties with a capitalization of $3 billion. Over 50 broker/dealers have agreed to resume selling products distributed by RCS Capital. Hudsons Bay has taken out a loan against the Saks Fifth Avenue flagship that values the department store at nearly $4 billion. These are among todays 10 must reads from around the commercial real estate sector.
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