
Socorro Asset Management Sells Entire ARE Stake for $5.2M
Socorro Asset Management has liquidated its entire $5.2 million stake in Alexandria Real Estate Equities, selling 62,346 shares amid financial challenges for the REIT.
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Socorro Asset Management has liquidated its entire $5.2 million stake in Alexandria Real Estate Equities, selling 62,346 shares amid financial challenges for the REIT.

A historic building at 2100 Larimer Street in Denver's Ballpark District, vacant for years, is set for a major restoration after being purchased for $1.45 million.

A 14-acre property in Redmond, Washington, formerly home to a Sears store, is now on the market, offering a major mixed-use development opportunity.

Austin's industrial real estate market is facing high vacancy rates and a construction slowdown, yet brokers remain optimistic about the region's long-term growth.

Demolition at the former Brookwood Village mall is set to begin in early March, clearing the way for a major mixed-use redevelopment project.

San Francisco's iconic Transamerica Pyramid is being sold to Yoda Plc, a Cyprus-based firm, marking a major vote of confidence from a new European investor.

A California-based firm has acquired a half-empty office complex in Lake Forest, Illinois, making a significant bet on the suburban Chicago office market.

Berks County's real estate market saw major activity, highlighted by a $7 million commercial land sale and a $950,000 residential deal.

A high-traffic drive-thru Starbucks property on Route 17 in Paramus has been sold, signaling strong investor confidence in New Jersey's prime retail real estate.

Dallas is seeing a surge in major real estate projects, including a new Porsche dealership, a massive industrial hub, and a proposed $200 million luxury tower.

A major real estate deal in downtown Detroit that never materialized reportedly involved an attempt to secure assistance from the late financier Jeffrey Epstein.

Austin real estate titan Alan Stalcup is embroiled in controversy, facing lawsuits from investors who allege fraud and financial mismanagement at his firm, GVA.