National
Equity, AvalonBay Launch Stock Sales to Fund Archstone Buy
NEW YORK CITY-As part of a deal that Lehman's Owen Thomas calls "a very positive outcome for our creditors," the two REITs will provide a combined $3.8 billion in common stock to the estate of the onetime investment banking giant.
RLJ Lodging Secures $700M Credit Facility
BETHESDA, MD-The unsecured credit facility is expandable to $1.2 billion.
Martin, Roberts Take on New Leadership Roles at JLL
CHICAGO-Peter Roberts becomes chief strategy officer while Lauralee Martin takes on the role of Americas CEO.
California
Conceptus Leases 73,000 SF at Murphy Crossing
MILPITAS, CA-Conceptus Inc., a non-surgical birth control device maker, is moving to Milpitas.
Brown and Jordan Leases Retail Space at South Coast Collection
COSTA MESA, CA-South Coast Collection, a 300,000-square-foot retail center in Costa Mesa, is getting new retail tenants.
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