RioCan Real Estate Investment Trust will buy 22 properties from its joint venture with Kimco Realty in a $533 million transaction, reports Bloomberg. Crains Detroit Business reveals that Detroit is one of the few cities in the nation where renters pay less than they expect for apartment properties. Liberty Property Trust plans to build a $1 billion commercial complex in Camden, N.J., according to Philadelphia Business Journal. These are among todays must reads from around the commercial real estate industry.
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