January 30, 2001 Weyerhaeuser Co. has retained Cushman & Wakefield of New Jersey to market for sale a 132,400-square-foot industrial property in Jersey City, N.J. The asking price for the seven-acre property is $7.15 million, or about $54/sf.The...

January 30, 2001 ATLANTA - JDN Realty Corp. (NYSE:JDN) has purchased JDN Development Co.JDN Development was formed in December 1994 to construct shopping centers. It will continue in its current development role.

January 30, 2001 BETHESDA, Md. – CoStar Group Inc. (Nasdaq:CSGP) has received $50,000 as part of a settlement in a copyright infringement and breach of contract lawsuit.CoStar said that it filed suit against MIE Properties Inc., another Bethesda-based...

January 30, 2001 280 Park Avenue TrustClassAmount($mln)RatingFitchRatingMoody'sAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-135.6AAAAaa5.7+38 area+42SwapsA-264.7AAAAaa9.97+51-53+53SwapsA-2F64.7AAAAaa9.97+40-42+39LiborB31AAAa29.97+66-68+68SwapsC31AA29.97+81-83+80SwapsD8A-A39.97+91-93+91SwapsE23BBBBaa29.97+125 area+120SwapsF11.8BBBBaa39.97+145 area+140SwapsX-1*269.8AAAAaaNA+250-275+250Treas.*Notional amount, interest-only.

January 30, 2001Go To Moody's Presale Report. Banc of America Large Loan Inc., Series 2001-FM*ClassAmount($mln)RatingS&PRatingMoody'sAvg.LifePriceTalk(BP)BenchMarkA-133.1AAAAaa5.8+38-40SwapsA-2136.9AAAAaa9.8+52-55SwapsB27AAAa29.8+67-70SwapsC30.9AA29.8+82-85SwapsD35.55BBBBaa29.8+125 areaSwapsE6.26BBB-Baa39.8+165-170SwapsX**263.45AAAAaa8.94+275 areaT. curve* Issued Jan. 26** Interest only.

January 30, 2001 Atlanta Realtors plan Net listing firmThe Atlanta Journal-Constitution, January 30The Atlanta Commercial Board of Realtors received preliminary commitments from several real estate firms to finance an Internet-based information marketplace for the commercial real estate industry....

January 30, 2001 BIRMINGHAM, Ala. – Saks Inc. (NYSE:SKS) has agreed to sell nine store locations, along with certain related merchandise inventory and customer accounts receivable, to May Department Stores Co. for about $310 million.Saks will use proceeds...

January 30, 2001 WASHINGTON – The Building Owners and Managers Association is building an online portal that will provide links to Web sites that could be of use to property owners and managers in the commercial real estate...

January 30, 2001 WASHINGTON, D.C. – Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) has sold a Hyannis, Mass., hotel and its interest in a Washington, D.C., hotel for a total price tag of $30 million.The interest in the...

January 30, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $90.9$69.7$329.3 $258.8 FFO/shr (diluted) $1.17 $0.92 $4.27 $3.46 Net Income (Mln) $81.9$74 $300.2 $187.3Net/shr$1.20$1.12 $4.45 $2.89 Revenue (Mln)$206.2 $169.8$753.8$643.8Shares Outstanding (Mln)77.6 75.5 77 74.8

January 30, 2001 NEWARK, N.J. – Prudential Mortgage Capital Co. has completed the sale of the former WMF Group commercial mortgage banks, as planned when the company acquired WMF last year.WMF's Phoenix offices were sold to Johnson Capital...

January 30, 2001 NEW YORK – Larry Silverstein has joined forces with Westfield America, a mall development giant, to bid for control of the World Trade Center, according to a report today in the New York Post.Silverstein is...

January 30, 2001NEW YORK – Fitch as assigned it triple-B rating to an offering of $75 million series I cumulative redeemable preferred stock by Duke-Weeks Realty Corp. (NYSE:DRE).The outlook remains positive. The deal's other classes have been affirmed.The...

January 30, 2001 Cadillac Fairview to build C$83 Mln expansion at Carrefour Laval Canada Newswire, January 30LAVAL, Quebec – An C$83 million (US$55.2 million) expansion is in the works for the Carrefour Laval shopping center. When completed, the...

January 30, 2001HORSHAM, Pa. – GMAC Commercial Mortgage Co. has opened a production office in Memphis, Tenn., and has named Frank Stallworth vice president-branch manager of the new loan origination operation.Joining Stallworth in Memphis are Ted Simpson, director...

January 30, 2001 Commercial Real Estate Direct Staff ReportWestchester County, N.Y., has selected Yale Robbins Inc.'s MrOfficeSpace.com to power its office space searching engine.In addition, Yale Robbins, which is based in New York, is developing a co-branded search...

January 29, 2001AUSTIN, Texas – In a move that comes as no surprise, Insignia/ESG has selected SiteStuff Inc. as its Web-based procurement source, and has invested $735,000 in the online procurement site.SiteStuff earlier this month acquired RexOffice.com in...

January 29, 2001 New Ottawa mall's wheels in motion Canoe Money, January 29OTTAWA – Construction could begin as early as this spring on a massive office and retail complex alongside Ottawa's Via Rail station. Facilities Commercial Realty Inc....

January 29, 2001 COLUMBUS, Ohio – Glimcher Realty Trust (NYSE:GRT) has negotiated a three-year extension of its $170 million revolving line of credit.The credit line, which now matures on Jan. 31, 2004, is secured by three Ohio malls:...

January 29, 2001 MOUNT VERNON, Ohio – Glimcher Realty Trust (NYSE:GRT) has received a $9.3 million fixed-rate mortgage refinancing on its Knox Village Square community center.The mortgage, which matures Feb. 1, 2008, has a fixed rate of 7.41...

January 29, 2001 Owners selling Concourse I and IIAtlanta Business Chronicle, January 29ATLANTA – The California Public Employees' Retirement System and Hines have decided to sell mid-rise buildings Concourse I and Concourse II. Cushman & Wakefield is marketing...

January 29, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $9.5$38.6 $53.7 $61.1 FFO/shr $0.25 $0.28 $1.42 $1.59 Net Income (Mln) $20.6 $2.4 $16.3 $29.3 Net/shr$0.52 $0.02 $0.27 $0.61 Revenue (Mln)$46.3 $25.4 $116.8$117.3 Shares Outstanding (Mln)38.0 38.6 38.038.6

January 29, 2001 AUSTIN, Texas – The Shidler Group has purchased a portfolio of four office buildings from Southfield Realty LP for $56.5 million. The properties in the portfolio are: the 14-story, 175,000-square-foot Once Commodore Plaza, at 800...

January 29, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $43.5$36.9$171.3 $114.5 FFO/shr (diluted) $0.85 $0.82 $3.32 $3.22 Net Income (Mln) $30.4 $21.6 $108.9 $78.5 Net/shr$0.60 $0.49 $2.13 $2.25 Revenue (Mln)$83.2 $71.1 $329.8$224.8 Shares Outstanding (Mln)51.0 44.3 51.1 37.5

January 29, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $67.9$58.5 $252$196.1FFO/shr (diluted) $0.99 $0.87 $3.70 $3.22 Net Income (Mln) $44.3$50.2 $170.8 $132.5Net/shr$0.65 $0.76 $2.53 $2.03 Revenue (Mln)$152 $132.7$573.4$507Shares Outstanding (Mln)68.9 66.8 68.1 66.1