Real Estate News – Page 434

Retail Opportunity Investments Corp. Reports Second Quarter 2021 Results

SAN DIEGO, July 28, 2021 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June 30, 2021.

Duke Realty Reports Second Quarter 2021 Results

36.2 Percent Growth in Net Effective Rents on Quarterly Leasing Activity

In-Service Portfolio 97.9 Percent Leased

2021 Earnings and Development Guidance Increased

INDIANAPOLIS, July 28, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), the largest domestic-only logistics REIT, today reported results for the second quarter of 2021.

Harbor Custom Development, Inc. Contracts to Purchase 208 Unit Condominium Site in Sacramento, California for $5,544,000 Addressing Critical Need for First-Time Home Buyers

Gig Harbor, Washington, July 28, 2021 (GLOBE NEWSWIRE) --

Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a purchase and sale agreement for the acquisition of an entitled 8 story residential project in Midtown Sacramento for $5,544,000.

New Joint Venture Between Duke Realty and CBRE Global Investors Closes on First Tranche of Three Assets Totaling 1.3 Million Square Feet

INDIANAPOLIS, July 27, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE, or “Duke Realty”), the largest domestic-only logistics REIT, and CBRE Global Investors, a leading global real assets investment management firm, today announced the formation of a joint venture (the “Venture”).

AMREP Reports Fiscal 2021 Results

PLYMOUTH MEETING, Pa., July 27, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported net income of $7,392,000, or $0.95 per diluted share, for its 2021 fiscal year ended April 30, 2021 compared to a net loss of $5,903,000, or $0.73 per share, for the prior year.

Highwoods Announces Availability of Second Quarter 2021 Results

RALEIGH, N.C., July 27, 2021 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2021 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:

HIW Reports Second Quarter 2021 Results

About HighwoodsHighwoods Properties, Inc.

American Assets Trust, Inc. Reports Second Quarter 2021 Financial Results

Net income available to common stockholders of $8.9 million and $10.2 million for the three and six months ended June 30, 2021, respectively, or $0.15 and $0.17 per diluted share, respectively

Funds From Operations per diluted share increased 6% and decreased 14% year-over-year for the three and six months ended June 30, 2021, respectively, or $0.51 and $0.89 per diluted share, respectivelyOn a sequential basis, Funds From Operations per diluted share increased 34% from the first to the second quarter of 2021, from $0.38 to $0.51 per diluted share

SAN DIEGO, July 27, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc.

Northpath Investments Acquires a 63,200-Square-Foot Light Industrial and R&D Building in Edison, New Jersey

EDISON, N.J., July 28, 2021 (GLOBE NEWSWIRE) -- Northpath Investments, (“Northpath”), recently acquired a fully leased 63,200-square-foot Light Industrial and R&D building leased to a single tenant at 3920 Park Avenue in Edison, New Jersey for $11 million.

WashREIT Completes Office Portfolio Sale

Continues to Progress Multifamily Transformation and Planned Southeast Expansion

WASHINGTON, July 26, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE: WRE) has completed the previously announced sale of 12 office assets, representing the entire office portfolio excluding Watergate 600, for gross proceeds of $766 million.