Seattle shopping center Pacific Place was sold Monday for $271 million, or more than $774 a square foot. With new legislation shifting the rules for real estate investment trusts in Mexico, Morgan Stanley recommends being overweight three of them. The Chicago area's retail vacancy rate fell for the first time in more than a year in the second quarter, dropping to 10.1 percent, down from 10.4 percent in the first quarter, according to CBRE Inc. These are among todays 10 must reads from around the commercial real estate sector.
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