Monday, November 26, 2012

Shopping Center Auctions Move Past Distress




National





Shopping Center Auctions Move Past Distress



Retail real estate auctions are becoming more common with well-performing assets and not just distressed centers.











Equity, Avalon Bay in $16B Archstone Deal



NEW YORK CITY-Equity is buying 60% of Archstone's assets and liabilities from locally based Lehman Brothers Holdings, while AvalonBay is adding the remaining 40% to its apartment portfolio.








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