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Brookfield, Simon Position to Bid on General Growth
Brookfield Asset Management and Simon Property have bought portions of General Growth Properties' bank debt and bonds to position themselves to make bids for all or part the mall giant.
online.wsj.com

Unico raises money for life after Metropolitan Tract
As Unico Properties nears the end of the 60-year lease that put the firm in charge of a large swath of downtown Seattle, the company is reinventing itself for its independent new life.
bizjournals.com

Syngenta pays $11M for RTP land, building
Syngenta Biotechnology has paid $10.7 million to buy a building and 50 acres of land that neighbor the company’s Research Triangle Park campus. (SYT) (IBM)
bizjournals.com

Building fallout
Tightened lending standards and lower demand have changed the face of the construction industry, from new project initiations to employment.
bizjournals.com

Timberway II ownership changes hands
An Energy Corridor office building is under new ownership this week.
bizjournals.com