Real Estate News

Lexington Realty Trust Comments on Land & Buildings’ Nominations

NEW YORK, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“LXP”), a real estate investment trust focused on single-tenant industrial real estate investments, today issued the following statement in response to Land & Buildings Investment Management, LLC’s (“Land & Buildings”) announcement of its nomination of two trustee candidates to stand for election to LXP’s Board of Trustees (the “Board”) at LXP’s 2022 annual meeting of shareholders (the “2022 Annual Meeting”):

LXP maintains an ongoing dialogue with the investment community and values constructive input that may advance our goal of enhancing shareholder value.

Whitestone REIT Adds Anderson Arbor in Austin, Texas to Its Fast-Growing Region, Advancing Its Growth Plan for Its 97%-Occupied Austin-San Antonio Portfolio

Anderson Arbor is located in the high-traffic Hwy 183 corridor, minutes from the new rapidly-expanding West Parmer Lane high-tech business center home to Apple, eBay, Oracle, PayPal, and PolycomStrengthens Whitestone’s Strategically Located High-Quality Open-Air Shopping Center PortfolioIncreases Scale and Presence in Fast-Growing Sunbelt MarketsProvides Additional Value-add Opportunities for Whitestone to Leverage for Shareholders

HOUSTON, Dec.

SL Green Announces Sale of 1080 Amsterdam Avenue

NEW YORK, Dec. 06, 2021 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, together with its joint venture partner, Stonehenge, today announced the sale of its leasehold interest in 1080 Amsterdam Avenue for a gross sale price of $42.5 million resulting in a gain in excess of $15.0 million.

SL Green Announces Sale of 110 East 42nd Street

NEW YORK, Dec. 06, 2021 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced the sale of its ownership interest in the office and garage condominiums at 110 East 42nd Street for a gross sale price of $117.075 million to Meadow Partners, which is acquiring the property on behalf of a separately managed account.

LGI Homes Reports November 2021 Home Closings

THE WOODLANDS, Texas, Dec. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 797 homes in November 2021. The Company ended the first eleven months of 2021 with 9,438 home closings, a 22.4% increase over 7,709 home closings during the first eleven months of 2020.

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