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Florida Acquires Nearly 28,000 Acres of Natural Lands for Conservation

Florida Acquires Nearly 28,000 Acres of Natural Lands for Conservation

by Phil Hall | Apr 1, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Florida Gov. Ron DeSantis announced that his administration approved the acquisition of nearly 28,000 acres of natural lands and link-existing conservation areas. The acquisitions include 25,039 acres within the Caloosahatchee-Big Cypress Corridor in Collier and...
Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion

Blackstone Sells Southern California Industrial Property Portfolio for $1 Billion

by Phil Hall | Mar 29, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Rexford Industrial Realty Inc. (NYSE: REXR), a real estate investment trust focused on industrial properties in Southern California, has acquired approximately 3 million square feet of industrial properties from Blackstone (NYSE: BX) for $1 billion. The combined...
Home Depot Acquires Roofing and Building Supply Firm SRS Distribution

Home Depot Acquires Roofing and Building Supply Firm SRS Distribution

by Phil Hall | Mar 28, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Home Depot (NYSE:HD) is acquiring SRS Distribution Inc., a residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor, for $18.25 billion. SRS employs a 2,500-plus professional sales...
Unisource Joint Ventures Acquires MFI Data

Unisource Joint Ventures Acquires MFI Data

by Phil Hall | Mar 26, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Unisource Joint Ventures, the parent company of Unisource National Lender Services, has acquired MFI Data, a subsidiary of Starrex International (STX.CN) that provides credit reports to mortgage lenders. According to the companies, the acquisition will enable...
Report: Adam Neumann Seeks to Regain Control of WeWork via Acquisition

Report: Adam Neumann Seeks to Regain Control of WeWork via Acquisition

by Phil Hall | Mar 26, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Adam Neumann, the co-founder and former CEO of the bankrupt WeWork Inc. (OTCMKTS: WEWKQ), submitted an offer to acquire the co-working company for more than $500 million. According to a Wall Street Journal report sourced from unnamed “people familiar with the matter,”...
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