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October 6, 1999 JACKSON, Miss. – EastGroup Properties (NYSE:EGP) paid more than $10 million for industrial properties in Orlando and Tampa.EastGroup paid $4.2 million for the 123,000 square-foot Altamonte Commerce Center on the northside of Orlando. The complex contains six...
October 6, 1999 DALLAS – Prentiss Properties Trust (NYSE:PP) has sold what it considered non-essential properties in Kansas City and Phoenix, as well as a business park north of San Diego, for about $77 million.The REIT has another $80 million...
October 6, 1999 CLEVELAND – Standard & Poor's has revised Associated Estates Realty Corporation's (NYSE:AEC) outlook from "stable" to "negative."The revision is a result of S&P's concerns about the REIT's reliance on property sales to meet a $75 million debt...
October 6, 1999Business center projects planned for Westside, SouthsideFlorida Times-Union, October 6JACKSONVILLE, Fla. – Jacksonville is getting two more business centers. The $2 million Ricker Road Business Center on the Westside will be an eight-building, 58,000 square-foot mixed-use project with...
October 6, 1999 DALLAS – Robert J. Stetson is resigning as president and chief executive of U. S. Restaurant Properties (NYSE:USV) as part of an executive-level overhaul at the company. The REIT said the overhaul reflects its maturation into a...
October 6, 1999 Home Properties of New York Inc. (NYSE:HME) has filed a Form 8-K with the SEC.
October 6, 1999 Sports Hall of Fame stirs up little private interestOttawa Citizen, October 6OTTAWA – Regional government will review proposals from the Canadian Gateway Corp., an Ottawa-based consortium that developed the $75-million Daly site, and Bosgoed Project Consultants of...
October 6, 1999 DALLAS – U.S. Restaurant Properties Inc. (NYSE:USV) has raised $55 million by selling preferred stock to a private investor.A unit of the REIT issued perpetual preferred stock with an annual coupon of 8.5 percent fixed for five...
October 6, 1999 Berkshire Realty (NYSE:BRI) has filed Form 8-K with the SEC.
October 6, 1999 RICHMOND, Va. – United Dominion Realty Trust Inc. (NYSE:UDR) sold eight apartment complexes with 1,277 units for $31.5 million.The properties, in Tucson, Ariz., San Antonio and El Paso, Texas, were sold in two deals. The buyers were...
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