Investment

Costs are escalating as mall owners work to keep their real estate up to date and fill the void left by failing stores.

When it comes to due diligence, information costs money and therefore must have a return on investment.

Ashley Commercial Group bought the property, which overlooks the Ohio River.

Facing redevelopment or the wrecking ball are an array of properties, including offices, residential quarters, medical spaces, chapels and golf facilities.

The government plans to sell the property, which is valued at more than $500 million, and distribute much of the proceeds to victims of Iran-sponsored terrorist attacks.

The 2 million-square-foot (186,000-square-meter) tower could fetch as much as $2 billion.

Government Properties will acquire all outstanding shares of the REIT, including debt.

The deal, which includes 18 Marriott and Hilton brand hotels, is valued at $407.4 million.

Unlike other retail landlords that have come under pressure as consumers shop more online, Store focuses on what it calls service properties: preschool facilities, health clubs, dine-in movie theaters and pet-care sites.

Changes in the current GSA procurement and the CFIUS review processes involving foreign entities could increase the costs and uncertainties associated with deals.