Maguire Properties Inc. was downgraded by RBC Capital Markets Thursday, sending shares down nearly 2 percent. Shares have lost nearly 5 percent so far this week.

Analysts Kevin Foster downgraded shares in the real estate investment trust saying that “while we believe that (Maguire) is set for continued struggles ahead and will likely face few alternatives to an outright sale of the company we do not expect a meaningful premium above the current share price.”

The downgrade comes after downtown’s largest landlord on Wednesday said it would delay its annual shareholders meeting because it needs time as it weighs a possible sale of the company.

Chief Executive Robert Maguire has been battling hedge funds for control of the company he started 40 years ago and is now bidding for the company with a group of investors.

Shares in Maguire dropped 2.9 to $21.31 percent to in early trading Thursday.