October 5, 1999 Equity Office Properties (NYSE:EOP) has filed a Form S-3 with the SEC.
October 5, 1999 Equity Residential Properties Trust (NYSE:EQR) has filed Form 8-K with the SEC.
October 5, 1999 SYDNEY – Lend Lease Corp. said it has agreed to buy Bovis Group PLC, a project management and construction firm, for $472 million. The acquisition is another step in the investment manager's move to become...
October 5, 1999 Washington Real Estate Investment Trust has filed Form 8-K with the SEC.
October 5, 1999 WASHINGTON – Kleiner Perkins Caufield and Byers, a venture capital firm, and eight major real estate companies has formed Broadband Office Inc., a telecommunications company.Broadband Office will start delivering services over the next 45 days....
October 5, 1999 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) has leased a 293,000-square-foot distribution facility in Mansfield, Ohio, to The Gerstenslager Co., a unit of Worthington Industries.The lease pays $460,000 during the first year and $673,500...
October 5, 1999Portman Management plans another downtown office towerAtlanta Business Chronicle, October 4ATLANTA – Portman Management Co. is marketing space for its yet-to be constructed downtown Atlanta office tower. The new 27- to 30-story complex will be next...
October 5, 1999 Sears nabs up to 6 downtown Eaton's stores for $30 MlnThe Globe and Mail, October 5TORONTO – A promise to keep the Eaton's name alive and $30 million is all Sears Canada Inc. needed to...
October 4, 1999 Breathing new life into an old buildingSt. Petersburg Times, October 4ST. PETERSBURG, Fla. – Developer Joel Cantor is renovating the 175,000-square-foot BayView Tower in downtown St. Petersburg. He is offering below average rents – $13...
October 4, 1999 G&L Realty Corp. (NYSE:GLR) has filed a Form SC 13E4 with the SEC. The filing relates to the company's offer to buy 1 million of its securities.
October 4, 1999 Cigna Healthcare has agreed to occupy a 105,000-square-foot office complex that is being constructed in Bourbonnais, Ill.The health insurer has agreed to occupy the entire building for 10 years under a deal valued at about...
October 4, 1999 RICHMOND, Va. – Cornerstone Realty Income Trust (NYSE:TCR) has received $73.5 million of fixed-rate financing from Prudential Mortgage Capital Corp. The seven-year loan bears interest only at an annual rate of 7.29 percent and is...
October 4, 1999 SEATTLE – Sabey Corp., a Seattle real estate developer, has paid $21.5 million, or $139/sf, for the Queen Anne Square office complex. Sabey acquired the two-building property, which has 155,000 square feet, from Lincoln National...
October 4, 1999 ROCHESTER, N.Y. – Home Properties (NYSE:HME) has agreed to sell $50 million of convertible preferred equity to GE Capital.The preferred will carry an annual dividend rate of 8.36 percent, or the dividend paid on the...
October 4, 1999 NEWTOWN SQUARE, Pa. – Brandywine Realty Trust (NYSE: BDN) has acquired 7130 Ambassador Drive, a 114,049-square-foot industrial building in Allentown, Pa., from Dispensing Container Corp. for $3.7 millionAt the same time, Dispensing Container leased the...
October 4, 1999 SAN MATEO, Calif. – Franklin Select Realty Trust (AMEX:FSN) has approved a proposed transaction to sell its real estate interests to Value Enhancement Fund III LLC, a fund managed by Lend Lease Real Estate Investments...
October 4, 1999 NEW YORK – InterWorld Corp. has signed a 15-year lease at 395 Hudson Street in Lower Manhattan. The lease increases to 100,000 square feet from 40,000 sf the amount of space that InterWorld occupies at...
October 4, 1999 PLYMOUTH MEETING, Pa. – American Real Estate Investment Corp. (AMEX:REA) has paid $8.3 million for two warehouse and distribution facilities in Fremont, Ohio, totaling about 325,000 square feet.The purchase completes the last phase of the...
October 4, 1999 NEW YORK - Enhance Financial Services Group, a bond reinsurance firm, has signed a 15-year lease expansion for 121,087 square feet of office space at 335 Madison Avenue. The lease comprises floors 19, 25, and...
October 4, 1999 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) has sold two office buildings, in San Diego and Phoenix, for a total of $20 million.In San Diego, the REIT sold a 66,000-square-foot office/research and devevelopment facility...
October 4, 1999 Urban Shopping Centers (NYSE:URB) has filed Form 8-K with the SEC.
October 4, 1999 PALM BEACH, Fla. – Bank of America has provided $58 million of long-term financing to Innkeepers USA Trust (NYSE:KPA).The 10-year loan carries an interest rate of 7.16 percent and is backed by eight hotels. The...
October 4, 1999 Quebec retailer eyes Eaton's outletsThe National Post, October 2MONTREAL – Quebec-based Les Boutiques San Francisco Inc. is looking to expand. It is negotiating to takeover eight to 13 locations of insolvent T. Eaton Co. Ltd....
October 1, 1999 N. Fulton leads office-space startsAtlanta Journal Constitution, October 1ATLANTA – North Fulton area topped metro Atlanta in the amount of office space started – 699,527 sf in the last quarter – despite a drop in...
October 1, 1999 Kilroy Realty Corp. (NYSE:KRC) has filed a Form S-3/A with the SEC. The filing is a minimally detailed prospectus.
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