On Friday, DIRECTV (NASDAQ:DTV)’s shares declined -0.57% to $91.68.
DIRECTV (DTV) DIRECTV is assisting parents breathe a sigh of relief with the launch of its new DIRECTV Kids App, an easy-to-use and safe online environment that offers DIRECTV customers age-appropriate content anywhere, anytime – at no extra charge. The new DIRECTV Kids App, designed for children ages 5-10, offers hundreds of popular children’s shows and kid-friendly movies, accessible to watch instantly from Nickelodeon, Cartoon Network, HBO, STARZ, Sprout and more, based on the customer’s DIRECTV programming package.
DIRECTV will also use its long-standing relationship with Common Sense Media, to incorporate age-based ratings and reviews through the App. Common Sense Media is a not-for-profit organization dedicated to providing independent, trustworthy information and education to kids, parents and educators, so they can be better equipped to succeed in a world of media and technology.
DIRECTV, a digital television entertainment company, engages in the direct-to-home (DTH) business in the United States and Latin America. It acquires, promotes, sells, and distributes digital entertainment programming primarily through satellite to residential and commercial subscribers.
Biomed Realty Trust Inc (NYSE:BMR)’s shares dropped -0.25% to $20.19.
Biomed Realty Trust Inc (BMR) declared the completion of the sale of its property at 145 King of Prussia Road in Radnor, PA to Penn Medicine for $35 million.
This deal will allow Penn Medicine to develop its own plan for the site in partnership with the Radnor Township. The transaction will result in an approximate $32 million impairment loss, which the company will record in the second quarter.
“The transaction is part of our broader plan designed to free up capital and personnel that can be redeployed into our other growing core innovation markets while providing one of our important university partners the opportunity to create something special in Radnor,” said Greg Lubushkin, Chief Financial Officer at BioMed Realty.
BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States. Its tenants primarily comprise biotechnology and pharmaceutical companies, scientific research institutions, government agencies, and other entities involved in the life science industry. The company owns or has interests in 72 properties, representing 119 buildings with about 11.0 million rentable square feet. Its properties are located predominantly in the major U.S. life science markets of Boston, San Diego, San Francisco, Seattle, Maryland, Pennsylvania, and New York/New Jersey. The company qualifies as a REIT for federal income tax purposes.
At the end of Friday’s trade, Crown Castle International Corp (NYSE:CCI)‘s shares dipped -1.06% to $82.78.
Crown Castle International Corp (CCI) declared that its Board of Directors has declared a quarterly cash dividend of $0.82 per common share. The quarterly dividend will be payable on June 30, 2015 to common stockholders of record at the close of business on June 19, 2015. Future dividends are subject to the approval of the Company’s Board of Directors.
Crown Castle International Corp., together with its auxiliaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells). It provides access, counting space or capacity to its towers, small cells, and third party land interests via long-term contracts in various forms, counting license, sublease, and lease agreements.
Duke Realty Corp (NYSE:DRE), ended its Friday’s trading session with -0.73% loss, and closed at $19.05.
Ridge Development, the industrial development arm of Transwestern Development Co., declares speculative construction has commenced on the first building in a planned two-building project owned and managed by Indianapolis-based Duke Realty Corp. (DRE). Duke Perris Logistics Center is located at 3300 – 3500 Indian Ave. in Perris, California. Planned for delivery in August 2015, Building II is a speculative, 783,407-square-foot warehouse/distribution facility. Construction on the second building, a planned 1,224,874-square-foot facility, will start when a tenant is secured or when market conditions are appropriate.
Located less than a mile from I-215, Building II offers a 36-foot clear height, ESFR fire protection system, 183 trailer parking spaces and 276 vehicle parking spaces. Additionally, the building comprises 118 dock-high loading doors and will be LEED® Certified. The I-215 South submarket is home to many prominent companies counting Amazon.com Inc., Home Depot Inc., Lowe’s Companies Inc., Whirlpool Corp., Hanesbrands Inc. and Proctor & Gamble Co.
The buildings were designed by HerdmanRierson architecture+design Inc., and Fullmer Construction is the general contractor. Thomas Taylor, Steven Bellitti and Summer Coulter of Colliers International are providing leasing services.
Duke Realty Corporation is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It offers a single point of responsibility for all aspects of a project, counting leasing, asset administration, construction and development.
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