Prologis and Duke Realty executives deflected questions on a potential merger at Nareit’s REITWeek. The Los Angeles Times profiled Rick Caruso’s real estate empire. These are among today’s must reads from around the commercial real estate industry.
Amazon was the first to announce plans to sublet warehouse space, but other Fortune 500 retailers are expected to return space to the market as well.
The sales price for the Silicon Valley campus was $707 million after Tishman Speyer paid $356 million for the same campus last April.