Equity One Inc. (NYSE:EQY) recently announced that it has entered into an agreement with Blackstone Real Estate Partners VII to sell 36 shopping centers for $473.1 million. The transaction is expected to close by the fourth quarter of 2011.
The proceeds from the disposition of theses assets will be used to retire debt and fund its redevelopment pipeline, as well as for future acquisitions and other corporate purposes.
The 36 shopping centers are primarily located in Atlanta, Tampa and Orlando … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here