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December 8, 1999 CARY, N.C. – Konover Property Trust Inc. (NYSE: KPT) has named Daniel J. Kelly to the position of senior vice president and chief accounting officer. In his new position, Kelly will oversee all of the company's accounting...
December 8, 1999 JERSEY CITY, N.J. – Mack-Cali Realty Corp. (NYSE: CLI) has entered into an agreement with Lincoln Property Co. to contribute its land on the north pier of Harborside Financial Center in Jersey City for the development of...
December 8, 1999Associated PressDALLAS – The Dallas City Council will consider today whether it will trade financial incentives for the addition of 700 jobs at Yahoo! Broadcast, which comes with the guarantee that the company will stay in downtown for...
December 8, 1999Starwood Hotels & Resorts (NYSE: HOT) has filed a Form 424B5 prospectus with the SEC. The company is planning to offer 200,000 common shares that could be issued or sold to employees as part of a retirement plan.
December 8, 1999 Associated PressWEST HOLLYWOOD, Calif. – Warner Bros., oversubscribed on studio space, is selling a historic lot that produced such films as "West Side Story" and "The Thief of Baghdad." BA Studios, a subsidiary of real estate investment...
December 8, 1999 The Associated PressDENVER – New York-based Cornerstone Properties Inc. (NYSE:CPP) is selling the distinctive cash-register-shaped One Norwest Center in Denver's downtown for $220 million.A company that advises the California Public Employees Retirement System could close on the...
December 8, 1999 Lend Lease Corp. Ltd., the giant Australian real estate services firm, said today that its American subsidiary, Lend Lease Real Estate Investments, has inked agreements to acquire five of Amresco Inc.'s (NYSE: AMMB) commercial mortgage businesses for...
December 7, 1999 CHATHAM, N.J. – Wellsford/Whitehall Group LLC has sold 1275 K Street NW in Washington, D.C., for $43.4 million, or $193/sf.Wellsford/Whitehall is a venture between Wellsford Real Properties Inc. (AMEX:WRP) and Goldman Sachs' Whitehall Street Real Estate Fund....
December 7, 1999 Business parks rising in JacksonvilleFlorida Times-Union, December 7JACKSONVILLE, Fla. – North Jacksonville and Southside are both generating new office development. On the northside, BRC Florida Holdings is preparing the $7-million, nine-building Airport Industrial Park on 32 acres....
December 7, 1999 SAN FRANCISCO – Despa, Germany's largest real estate fund manager, has paid $39 million, or nearly $884/sf, for One Union Square, a very upscale retail property in San Francisco.CB Richard Ellis Investors, the investment management arm of...
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