May 17, 2000 HOUSTON – HyperDynamics Corp., an information technology company, has signed a lease to occupy 15,000 square feet at the Westwood Technology Center in Houston.Terms of the lease were not disclosed.Westwood Technology Center is a 536,000-sf...

May 17, 2000 (NewsTraders.com) – Apex Mortgage Capital and affiliates (NYSE:AXM) filed with regulators this afternoon to document having reduced their equity position in Impac Commercial Holdings (AMEX:ICH) to 4.5 percent, which is comprised of 378,300 common shares.Apex,...

May 17, 2000 1st-Qtr 001st-Qtr 99FFO $60.5 mln$51 mln FFO/shr (diluted) $0.98 $0.84 Extra Gain (Loss) $0.3 mln $ -- Net Income $42.1 mln $32.9 mln Net/shr$0.69 $0.55 Revenue$112.4 mln $112.9 mln Shares outst.61.3 mln 60.8 mln

May 17, 2000 1st-Qtr 001st-Qtr 99FFO $19 mln$28.0 mln FFO/shr (diluted) $0.25 $0.38 Net Income $(17.4 mln) $17.1 mln Net/shr$(0.40) $0.06 Revenue$72.8 mln $78.3 mln Shares Outstanding43.4 mln 58.4 mln

May 17, 2000 1st-Qtr 001st-Qtr 99FFO $6.3 mln$10.1 mln FFO/shr (diluted) $0.20 $0.27 Net Income $(0.08 mln) $(0.3 mln) Net/shr$(0.002) $(0.01) Revenue$31.1 mln $35.1 mln Shares Outstanding32.3 mln 37.1 mln

May 17, 2000 1st-Qtr 001st-Qtr 99FFO $1.6 mln$1.9 mln FFO/shr (diluted) $0.20 $0.23 Net Income $2.8 mln $1.1 mln Net/shr$0.35 $0.13 Revenue$20.4 mln $17.9 mln Shares Outstanding8.0 mln 8.4 mln

May 17, 2000 Commercial Real Estate DirectSumitomo Life Insurance Co., Mitsubishi Trust & Banking Corp. and Mitsui Fudosan Co. are planning to jointly develop a commercial real estate index that would track property returns in Japan.The firms "hope...

May 16, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorDwight Merriman III, the former managing director in charge of CarrAmerica Realty's (NYSE: CRE) Southern California and Utah operations, has joined RREEF Funds' San Francisco office as...

May 16, 2000 1st-Qtr 001st-Qtr 99FFO $17.9 mln$15.7 mln FFO/shr (diluted) $0.87 $0.77 Net Income $12.8 mln$8.5 mln Net/shr$0.69 $0.45 Revenue$39.5 mln $33.9 mln Shares Outstanding20.6 mln 20.5 mln

May 16, 2000 2nd-Qtr 002nd-Qtr 996-mos 006-mos 99Net Income $2 mln $2.2 mln $3.8 mln $5.1 mln Net/shr$0.27 $0.30 $0.52 $0.71 Revenue$2.8 mln $3 mln $5.1 mln $6.2 mln Shares Outstanding7.3 mln 7.2 mln 7.3 mln 7.2 mln

May 16, 2000 Bradley Real Estate Inc. (NYSE:BTR) has filed a Form 8-K with the SEC that details terms of its pending merger with Heritage Property Investment Trust Inc.

May 16, 2000 1st-Qtr 001st-Qtr 99Net Income (Loss) $0.02 mln($1.8 mln) Net (Loss)/shr$0.0 ($0.08) Revenue$260.9 mln $233.2 mln Shares Outstanding20.9 mln 20.6 mln

May 16, 2000 WASHINGTON – CarrAmerica Realty Corp. (NYSE:CRE) began construction of a 23-story, 443,000-square-foot office building at 300 West Sixth Street in downtown Austin, Texas.The project is a joint venture between CarrAmerica and JER Partners. It is...

May 16, 2000 (NewsTraders.com) – Public Storage (NYSE:PSA) has reduced its investment in Shurgard Storage Centers (NYSE:SHU) to 4.95 percent from 6.2 percent.From May 2 to May 15, Public Storage sold 362,000 shares of Shurgard common stock in...

May 16, 2000 SEATTLE –Shurgard Storage Centers Inc. (NYSE:SHU) has formed a venture with Chase Capital Partners that will buy and operate self-storage facilites that are developed by Shurgard.The venture, which was reported by Commercial Real Estate Direct...

May 16, 2000 1st-Qtr 001st-Qtr 99FFO $0.4 mln$0.3 mln FFO/shr (diluted) $0.18 $0.19 Net Income $0.11 mln $0.07 mln Net/shr$0.05 $0.04 Revenue$1.6 mln $1.3 mln Shares Outstanding2.2 mln 1.7 mln

May 16, 2000 Phenolchemie's Theodore plant already for saleThe Mobile Register, May 16THEODORE, Ala. – The $250 million Phenolchemie chemical plant is for sale as a result of the merger between Deguss Huls AG and SKW Trostberg AG....

May 16, 2000 PALO ALTO, Calif. – Harvey E. Green, executive vice president and chief operating officer of Marcus & Millichap Real Estate Investment Brokerage Co., has been named president and chief executive of the firm.Green replaces William...

May 16, 2000 FAIRFIELD, N.J. – Prime Hospitality Corp. (NYSE:PDQ) has sold three Wellesley Inns, in Edison and Hazlet, N.J. and Reading, Pa., for $17 million. The properties will continue to be managed by Prime and will be...

May 16, 2000 1st-Qtr 001st-Qtr 99FFO $25.4 mln$16.9 mln FFO/shr (diluted) $0.68 $0.61 Net Income $6.6 mln $6.0 mln Net/shr$0.33 $0.33 Revenue$72.4 mln $47.8 mln Shares outst.19.9 mln 18 mln

May 16, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorBrookhollow Group has purchased a 437,269-square-foot multi-tenant industrial property in Fullerton in northern Orange County, Cal. for $18.3 million, or just under $42/sf.Brookhollow, based in nearby Costa...

May 16, 2000 1st-Qtr 001st-Qtr 99FFO $26.7 mln$25.7 mln FFO/shr (diluted) $0.67 $0.65 Extra Gain (Loss) $ -- $1.7 mln Net Income $20.5 $20.7 Net/shr$0.47 $0.48 Revenue$48.3 mln $45.1 mln Shares outst.40.1 mln 39.8 mln

May 16, 2000 (NewsTraders.com) – Two top executives at Koger Equity (NYSE:KE) combined to purchase 70,093 common shares of the REIT from April 3 to April 17.Koger chief executive Thomas Crocker stepped in and grabbed 52,570 shares in...

May 16, 2000 1st-Qtr 001st-Qtr 99FFO $87.8 mln$60.8 mln FFO/shr (diluted) $0.52 $0.47 Revenue$165.7 mln $125.7 mln Shares outst.176.8 mln 138.2 mln

May 16, 2000 NEW YORK – Standard & Poor's today placed the debt ratings of Bradley Real Estate Inc. (NYSE:BTR) and Braldey Operating LP on CreditWatch, Negative, as a result of its plan to be acquired by Heritage...