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Stock Market & Financial Investment News

News For CLNY From The Last 14 Days
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November 19, 2014
06:03 EDTCLNYColony Financial to acquire Cobalt Capital Industrial Real Estate for $1.6B
Colony Financial announced that it has entered into definitive agreements to acquire Cobalt Capital Partners and its highly diversified portfolio of 256 primarily light industrial assets for approximately $1.6B. The portfolio is leased to over 600 tenants and comprises over 30M square feet across 16 major U.S. markets, with significant concentrations in Atlanta, Dallas and Chicago. Cobaltís management team, led by Lewis D. Friedland, is being retained to run the day-to-day operations of the business, including acquisitions, asset and property management. The transaction is expected to close in December.
06:02 EDTCLNYColony Financial to acquire Cobalt Capital Industrial Real Estate for $1.6B

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