With Ownership Resolved, What’s Next For Archstone?

The battle with Equity Residential (NYSE: EQR) for control of Archstone is apparently nearing an end. Lehman Brothers Holdings Inc. announced it has exercised its right of first offer to purchase the remaining stake in the apartment company held by affiliates of Bank of America and Ba
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Port of Los Angeles Makes Plans to Stay Top Ranked U.S. Port Over Next 5 Years

Port of Los Angeles & Long Beach The Los Angeles Harbor Commission this week unanimously adopted a five-year strategic plan for the Port of Los Angeles for 2012-2017. The plan focuses on three key result areas, or KRAs – competitive operations, strong relationships and finan
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After Sale Approval In Bankruptcy Court, Grubb & Ellis Moves To Next Phase Under BGC

This week a bankruptcy court judge approved the sale of the venerable but cash-strapped Grubb & Ellis Co. to BGC Partners, Inc., ushering in the latest in a series of changes that have roiled the commercial real estate brokerage business. Next comes the hard work involved in exit
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