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Tag: realty
Majestic Realty sues to stop traffic a quagmirea in Rowland Heights
2015-10-19 22:31:16| Railroads - Topix.net
INDUSTRY >> Majestic Realty Co., the largest private industrial developer in the nation, has filed a lawsuit in Los Angeles Superior Court against the Alameda Corridor East Construction Authority, saying plans to simultaneously close at least two major north-south roads bisecting the 60 Freeway will cost them rental revenue, hurt tenant businesses and damage its reputation. Majestic, owned by billionaire Ed Roski Jr., accuses ACE of breaching a contract stipulating ACE would not shut down Fairway Drive until it completes an underpass beneath the Union Pacific Railroad tracks at Nogales Street and Caltrans finishes adding on-and off-ramps at Lemon Avenue.
Tags: stop
traffic
heights
realty
Federal Realty and partners acquire Shops at Sunset Place for $110 million
2015-10-05 16:33:28| Real Estate - Topix.net
Federal Realty Investment Trust, along with partners Grass River Property and The Comras Company, acquired 85% interest in The Shops at Sunset Place -- a 515,000 sq. ft. mixed-use center in South Miami, Florida for $110 million.
Tags: place
million
partners
shops
Melville Waldbaum's to be purchased by mall owner Federal Realty
2015-09-28 20:42:27| Grocery - Topix.net
Supermarket operator Great Atlantic & Pacific Tea Co. has tentatively agreed to enter into lease sale agreements for three stores, including the Waldbaum's in Melville, with shopping center owner and developer Federal Realty Investment Trust for $6.35 million, court records show.
Tags: owner
federal
purchased
mall
Dear Mr. Market, I Am Patiently Holding Shares In Lexington Realty
2015-09-28 16:47:47| Real Estate - Topix.net
Owning shares in LXP has been a double-edge sword - I like receiving the high-dividend payments; however, I have been patiently waiting on share price appreciation. Since my last article on Lexington Realty , the shares have continued to decline , testing my patience as well as others who have positions in this REIT.
Tags: market
holding
shares
dear
Becoming A Realty Income Millionaire
2015-09-28 02:21:18| Real Estate - Topix.net
The outperformance was due to the company's strong commitment to paying out sustainable and rising dividends to go along with a high-quality portfolio. This article details what it would have taken to become a Realty Income millionaire in the past, along with what it might take to get there in the future.
Tags: income
realty
millionaire
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