February 11, 2000 Project to seek telecom firmsAtlanta Journal-Constitution, February 11ATLANTA – Richard Martin and Midtown West Associates will build an 800,000-square-foot industrial and office park targeted at Internet firms seeking loft offices and space for switching stations....

February 11, 2000 CHICAGO – Equity Office Properties Trust (NYSE:EOP) has sold an office complex in Sarasota, Fla., for about $27.7 million, or $112 per square foot.Local investor Osprey S.A. bought the Sarasota City Center – a property...

February 11, 2000 LOS ANGELES – D.L. Babson has provided $75 million of fixed-rate financing on behalf of MassMutual Financial Group to the Estate of James Campbell of Kapoleia, Hawaii.The financing is secured by a portfolio of eight...

February 10, 2000 Another spec building rises in Kanata tech parkThe Ottawa Citizen, February 10 OTTAWA – Kanata Research Park will soon get another building – its third speculative. The 150,000-square-foot building will be the first to overlook...

February 10, 2000 Echelon plans more downtown apartmentsOrlando Sentinel, February 10ORLANDO, Fla. – , Echelon International Corp. expects to begin construction in June on its second downtown apartment complex. Plans for Echelon at Uptown call for a five-story...

February 10, 2000 The city of St. Paul, Minn., has approved the sale of the Lawson Commons Building, a 13-story office building on St. Peter Street, for $53.5 million to local developer David Frauenshuh, according to the St....

February 10, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $3.2 mln$3.8 mln $13.6 mln $13.2 mln FFO/shr (diluted) $0.42 $0.48 $1.76 $1.68 Extra Gain (Loss) -- -- ($1.3 mln) -- Net Income (Loss) $0.4 mln $1 mln ($1 mln)...

February 10, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $19.2 mln$17.7 mln $68.5 mln $61.1 mln FFO/shr (diluted) $0.36 $0.33 $1.28 $1.16 Net Income (Loss) $5.3 mln$5.7 mln $8.9 mln ($3 mln) Net/shr$0.10 $0.10 $0.16 ($0.06) Revenue$139.3 mln $126.4...

February 10, 2000 By Thomas J. Walsh, IPGDirect.com Senior WriterMerrill Lynch International is leading a ?235 million (US$379.4 million) securitization deal in England, among the first of what many industry watchers expect to be many overseas deals.Collateral is...

February 10, 2000 Moody's has issued a presale report for Mall of America Capital Co. LLC, 2000-1. Go To Presale Report.The $312 million commercial mortgage-backed securities issue is backed by a floating-rate loan that Chase Manhattan Bank and...

February 10, 2000 Anthracite Capital Inc. (NYSE:AHR) has agreed to merge with CORE Cap Inc., a private REIT managed by a unit of GMAC Mortgage Corp.If completed, the merger would add $1.4 billion of assets, primarily residential mortgages...

February 9, 2000 Following is a speech that Nottingham gave at a seminar sponsored by the Practicing Law Institute.A major mutual fund company is reviewing sites for a national call center. Their broker, who is unfamiliar with the...

February 9, 2000 CHICAGO – First Industrial Realty Trust Inc. (NYSE:FR) sold $245.8 million of properties last year, topping the $150 million of sales it had projected.The sales were made at prices that resulted in a melded initial...

February 9, 2000 Andrew L. Farkas, chairman and chief executive of Insignia Financial Group Inc. (NYSE:IFS) has transferred a total of 406,664 of Insignia common shares to his ex-wife as part of a divorce settlement.Farkas remains the largest...

February 9, 2000 Associated PressTOKYO (Kyodo) – A former vice president of ANA Real Estate Co. who was questioned by prosecutors in connection with a fraud case has committed suicide at a Tokyo hotel, investigative sources said today....

February 9, 2000 Core Location to buy buildingAtlanta Journal-Constitution, February 9ATLANTA – Core Location of Bethesda, Md., has contracted to buy the 941,000-square-foot industrial park on Jefferson Street near Bankhead Avenue. It is marketing 500,000 sf to companies...

February 9, 2000 TORONTO – RioCan Real Estate Investment Trust has purchased Shoppers World, a 735,000-square-foot shopping center in downtown Brampton, Ontario, for C$46.5 million ($32 million), or C$63/sf.RioCan will issue over 3 million shares, valued at a...

February 9, 2000 Cisco plans put squeeze on west-end land bankThe Ottawa Citizen, February 9 OTTAWA – Cisco Systems Inc. has taken an option on 38 acres of land to construct a complex of buildings in Canderel Management's...

February 9, 2000 CHICAGO – Heitman International, Crow Holdings International, Lehman Brothers Inc. and Wallis Real Estate have formed a $70-million joint venture to develop an industrial park in Budapest, Hungary.The 2 million square-foot Harbor Park will be...

February 9, 2000 CB Richard Ellis Investors, which manages a $500 million separate account that targets net-leased properties, could soon be looking to sell a portfolio of five retail properties and a distribution center that are leased to...

February 9, 2000 Associated Press/ASIA WorldSources Inc.BANGKOK, Thailand – Ritz-Carlton and Renaissance, the two luxury hotel chains of the Marriott group, are conducting talks with local hotel property owners over the possibility of new management contracts, Ed Hubennette,...

February 9, 2000 Associated PressTOKYO – A U.S.-led investment group signed a contract today to buy the nationalized Long-Term Credit Bank of Japan, a bank spokeswoman said. The consortium, led by New York-based Ripplewood Holdings, signed the deal...

February 9, 2000 WASHINGTON – CarrAmerica Realty Corp. (NYSE:CRE) is planning to build a 418,000-square-foot office building at Sixth Street and Guadalupe in downtown Austin, Texas. The 23-story building, 300 West Sixth Street, has already been 40 percent...

February 9, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $182.5 mln$159.5 mln $685.7 mln $597.1 mln FFO/shr (diluted) $0.68 $0.61 $2.57 $2.33 Extra Gain (Loss) -- -- ($10.5 mln) ($7.5 mln) Net Income $134.3 mln $88.9 mln $382.1 mln...

February 9, 2000 WASHINGTON – Marriott Senior Living Services, a division of Marriott International Inc. (NYSE:MAR), and Toll Brothers Inc. (NYSE:TOL) have partnered to develop and manage an assisted living community in Reston, Va.Marriott MapleRidge of Reston, to...