newsobserver.com Deal shows hunger for REITs:
As mentioned earlier here. The recent private equity interest in commercial real estate is a very bullish signal for our local Triangle market, which by national standards is seen as a value. Investors are attracted to our competitive cap rates and they enjoy better pricing per square foot than in most tier one markets.
"'The fact that Equity Office could be taken private means no REIT is safe,' said Morningstar analyst Arthur Oduma. 'That obviously excites investors who own REITs.'"
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