IndCor Properties Inc., the warehouse landlord owned by Blackstone Group LP (BX), filed for a U.S. initial public offering. Life Time Fitness, Inc. is on the verge of unlocking significant shareholder value and could rise more than 30 percent by undertaking a REIT spinoff says activist hedge fund manager Richard McGuire of Marcato Capital Management. Marriott International Inc. said Monday that it could add 1,300 new hotels and 200,000 new rooms by 2017. These are among todays 10 must reads from around the commercial real estate sector.
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