March 31, 2000 LOS ANGELES – Infonet Services Corp. has paid $33 million, or $211.50/sf for its newly built corporate headquarters in El Segundo, Calif.The 156,000-square-foot office building was purchased from Kearny Real Estate Co., which developed it...

March 31, 2000 SAN FRANCISCO – Cornerstone Properties Inc. (NYSE:CPP) has sold two Walnut Creek, Calif., office buildings for $27 million through two separate transactions.An unidentified local investor paid $14.4 million, or about $173 per square foot, for...

March 31, 2000 KENNILWORTH, N.J. – The largest stockholder of real estate developer Castle and Cooke (NYSE:CCS) is looking to take the company private in a deal valued at $214 million, or $17 per share, in cash. David...

March 31, 2000 By Watcharapong Thongrung, The Nation BANGKOK, Thailand – The SSP Group is negotiating with some interested investors to sell part of its stake in five hotels, according to company director Somchai Leeswadtrakul. The SSP Group,...

March 31, 2000 Convention center heads west The Vancouver Sun, March 31 VANCOUVER – A task force studying ways to bring more convention space to Vancouver unveiled a plan for a smaller project on the west side of...

March 31, 2000 Florida REIT puts business park on market The Atlanta Journal-Constitution, March 31ATLANTA – Crocker Realty Trust of Boca Raton is shopping 1.2 million square feet of business park space throughout six projects in the area...

March 30, 2000 Lender, hotel chain secured for Convention Center hotel project The Miami Herald, March 30FORT LAUDERDALE, Fla. – Peebles Atlantic Development Corp. of Miami is set to break ground for the long-delayed Broward County Convention Center...

March 30, 2000 Trendy City Square may have buyerVancouver Sun, March 30 VANCOUVER – Colliers International has reportedly found a buyer for City Square, an upscale office-retail complex at Cambie and West 12th streets owned by Oxford Properties...

March 30, 2000CHICAGO – Horizon Group Properties Inc. (Nasdaq:HGPI) has agreed to sell a portfolio of seven shopping centers to Triple Net LLC, a Santa Ana property manager, for $93.5 million.The properties total 1.6 million square feet and...

March 30, 2000 DALLAS – Amresco Capital Trust (Nasdaq:AMCT) is calling it quits.The mortgage REIT's board has approved a plan of liquidation that, if approved by shareholders, will result in the gradual disposition of some $261 million of...

March 30, 2000 GREAT NECK, N.Y. – One Liberty Properties Inc. (Amex:OLP) has paid $14 million for a 110,179-square-foot retail center in El Paso, Texas. The property, which was purchased with a $10 million mortgage, is occupied by...

March 29, 2000 By Paul Chavez, Associated Press WriterLOS ANGELES – High-tech innovation and downtown revitalization are crossing paths with Infomart's agreement to pay $40 million, or $80/sf, for the Terminal Annex, the city's main post office for...

March 29, 2000 Editor's Note: Beginning today, headlines will serve as links to full stories.Tower trio could soar into Tampa's skyline The St. Petersburg Times, March 29TAMPA – The Hogan Group has proposed the largest office project ever...

March 29, 2000 MEXICO CITY – Nicholas R. Criss III, former director general of Staubach/CMI International, has joined Cushman & Wakefield as director of industrial services for Mexico. Criss will be in charge of the firm's industrial brokerage...

March 29, 2000 Editor's Note: Beginning today, headlines will serve as links to full stories.Daly site construction faces delay The Ottawa Citizen, March 29 OTTAWA – Doubts about whether a hotel can survive on the downtown Daly site...

March 29, 2000 The Business TimesKUALA LUMPUR, Malaysia – Pengurusan Danaharta National Bhd will launch its second sale of foreclosed properties, involving 123 properties with a combined indicative value of 276.43 million ringgits (US$72.8 million) on March 29....

March 29, 2000 Apartment Investment & Management Co. (NYSE: AIV) has agree to pay $250 million for a portfolio containing 1,000 apartment units in New York City, according to the Wall Street Journal.The newspaper said the REIT was...

March 29, 2000 PHOENIX – New Mexico and Arizona Land Co. (AMEX:NZ) has sold an undeveloped commercially-zoned parcel of land in Chandler, Ariz., to Albertson's Inc. for $2.8 millionThe retail food-drug chain operator plans to develop the 14.6-acre...

March 29, 2000 LUXEMBOURG – SC-U.S. Realty (NYSE:RTY) has completed its second $100-million share repurchase program bringing the total number of shares repurchased to 10.9 million. It has invested $200 million in its shares.Since last May, the company...

March 28, 2000 Kendall's proposed skyline to shrinkThe Miami Herald, March 28KENDALL, Fla. – Pinecrest officials have agreed to drop their lawsuit over Dadeland Junction, a 1.7 million-square-foot commercial and residential project that would raise the skyline of...

March 28, 2000 BINGHAM FARMS, Mich. – Malan Realty Investors Inc. (NYSE:MAL) has repeated its plan to "resist" Kensington Investment Group's efforts to install five of its candidates to Malan's board, now that Kensington has initiated a proxy...

March 28, 2000 TrizecHahn sells $1.7 Bln portfolioThe National Post, March 28 TORONTO – TrizecHahn Corp.'s 1.7 billion Canadian dollar (US$1.2 billion) sale of almost all of its properties in Canada is being called a brilliant strategic move...

March 28, 2000 Club Monaco has leased 18,000 square feet of retail space at 699 Fifth Avenue in Midtown Manhattan from Starwood Hotels & Resorts (NYSE:HOT).Club Monaco, a clothing retailer owned by Ralph Lauren, will open its flagship...

March 28, 2000 CITY OF INDUSTRY, Calif. – Koll Development Co. has completed the sale of two industrial properties in the Plantation Business Center to Sares-Regis Group for $19 million, or $41/sf.The two buildings have 300,000 square feet...

March 28, 2000 (NewsTraders.com) -- Franklin Mutual Advisers, the holder of a 21.4% equity stake in Wellsford Real Property (AMEX:WRP), plans to take a more active role in its investment, stating late Monday in a regulatory filing that...