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Rockville, Maryland-based REIT $FRT said it has acquired 70% interest in a JV that owns six neighborhood and community centers for about $154MM, consisting of $130MM of cash and assumption of the allocable share of mortgage debt. With this acquisition, $FRT has increased its ownership of the 820,000 square foot portfolio from 30% to 100%.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.