Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, Jan. 14, 2021 /PRNewswire/ Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark" or "the Company"), a leading full-service
BOULDER Atlanta-based investment firm Invesco Ltd., through holding company 3200 Walnut Street LP, last month purchased the Boulder campus occupied by Pfizer Inc. (NYSE: PFE) for $99 million. The four-building campus centered around 3200 Walnut St. was previously owned by TFG 3200 Walnut Street Property LLC, an affiliate of Boston real estate investor Tritower Financial Group LLC. Tritower acquired the 151,384-square-foot office and lab campus in 2018 for $52.3 million, Boulder County property records show. Pfizer entered the Boulder market in 2019 with the $11 billion acquisition of Boulder-based oncology company Array BioPharma Inc. “It was exciting to see a preeminent life sciences company such as Pfizer enter the Boulder market through its acquisition of Array Biopharma in 2019. Array is arguably Boulder’s most successful homegrown oncology company, and Pfizer intends to support the local scientific talent to enhance their commitment to bringing promising therapies to patient
Blackstone Acquires Simply Self Storage for $1.2B With the completion of this deal, BREIT is now the third largest non-listed self-storage operator in the country.
Update 1/6/21 – BREIT completed its acquisition of Simply Self Storage on Dec. 18. With the deal complete, the company believes it is now the third largest non-listed self-storage operator in the United States, according a press release.
Simpson Thacher & Bartlett LLP served as BREIT’s legal adviser, while BofA Securities Inc. and Deutsche Bank Securities Inc. served as its financial advisers. Fried, Frank, Harris, Shriver & Jacobson LLP, Newmark Group Inc. and RBC Capital Markets LLC advised BAM.
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An attorney-client privilege protection owner may waive that protection: (1) expressly, by disclosing privileged communications, or (2) impliedly, by relying on the existence of such privileged communications to gain some advantage. In either situation, the owner normally must voluntarily disclose or rely on the privileged communications to trigger a waiver.
In
Newmark Group, Inc. v. Avison Young (Canada) Inc., Case No. 2:15-cv-00531-RFB-EJY, 2020 U.S. Dist. LEXIS 167997 (D. Nev. Sept. 14, 2020), Nevada federal court defendants argued that plaintiffs had waived any privilege protection for communications with their law firm Goodwin Procter by producing them in an earlier Illinois state court proceeding. The court bluntly rejected defendants’ argument noting that the Illinois court had compelled the production: “It is undisputed that the Illinois court entered this order over Plaintiffs’ objection.”