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 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 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 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 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 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 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 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 8, 2000 E Trade Group Inc. is subleasing 30,000-square-foot of retail space at 540 Madison Avenue from Callaway Golf Co., according to the New York Post.Callaway had signed a lease for the space two years ago, but...

February 8, 2000 Two classes of mezzanine bonds from Heller Financial Commercial Mortgage Asset Corp., 2000-PH1, were not pre-sold as indicated in a Jan. 27 price-guidance table and a Jan. 27 story, "Mezzanine Classes Shine in $888.3 Mln...

February 8, 2000 Associated PressTOKYO – A real estate firm managed by singer Masao Sen filed for liquidation with the Tokyo District Court last Friday, citing liabilities of about 103.4 billion yen (US$951 million), according to credit research...

February 8, 2000 (NewsTraders.com) -- Schottenstein Stores Corp., issuing the next word in its ongoing dispute with Burnham Pacific Properties (NYSE:BPP), said today in a regulatory document that it remains "willing and eager" to participate in the bidding...

February 8, 2000 CHICAGO – AMLI Residential Properties Trust (NYSE:AML) has completed the sale of AMLI at Sope Creek in Atlanta for $42.5 million, or just over $61,000/unit.AMLI developed the 695-unit apartment complex in phases ending in 1995....

February 8, 2000 Grace and White Inc. has purchased 118,860 shares, or a 6.64 percent interest, in Urstadt Biddle Properties Inc. (NYSE:UBP) The company's interest was detailed in a Form SC 13G/A that was filed with the SEC.

February 8, 2000 ICM Asset Management has purchased 1,081,967 shares of Bedford Property Investors Inc. (NYSE:BED), giving it a 5.3 percent stake in the REIT. Details can be found in a Form SC 13G filed today with the...

February 8, 2000 By Thomas J. Walsh, IPGDirect.com Senior WriterGoldman Sachs is leading a $112 million commercial mortgage-backed securities deal, according to Wall Street sources.The floating-rate transaction is said to be secured by a number of New York...

February 8, 2000 RONA's plan includes superstores in OntarioThe National Post, February 8TORONTO – RONA Inc. plans to open 27 big box home improvement stores across Ontario. The Quebec-based company unveiled its plans as it gave further details...

February 8, 2000 A unit of State Farm Mutual Insurance has purchased 3.2 million shares, or a 7.22 percent, stake in BRE Properties Inc. (NYSE:BRE). The company filed a Form SC 13G/A with the SEC.

February 8, 2000 Owner of downtown building wants to keep PrudentialFlorida Times-Union, February 8JACKSONVILLE, Fla. – Representatives of a downtown building are requesting help from the city to keep Aetna-owned Prudential Health Care at 841 Prudential Drive rather...

February 8, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $20.9 mln$18.9 mln $80.6 mln $71.2 mln FFO/shr (diluted) $0.65 $0.59 $2.50 $2.30 Net Income $8.3 mln $10.2 mln $39.9 mln $38.8 mln Net/shr$0.30 $0.37 $1.44 $1.43 Revenue$42.6 mln $39.3...

February 8, 2000 A unit of Morgan Stanley Dean Witter has started accumulating interests in real estate companies.The firm's mutual-fund operation, Morgan Stanley Dean Witter Investment Management Inc., had previously reported taking a 14.9 percent interest in Wellsford...

February 8, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $9.3 mln$12.2 mln $45.2 mln $47.6 mln FFO/shr (diluted) $0.34 $0.43 $1.64 $1.71 Net Income (Loss) ($9.3 mln) $8.5 mln $16.7 mln $37.7 mln Net (Loss)/shr($0.34) $0.30 $0.61 $1.39 Revenue$20.7...

February 8, 2000 BELLEVUE, Wash. – Kennedy-Wilson Inc. (NASDAQ:KWIC) has completed assembling 18.4 acres of land in Ellensburg, Wash., that Fred Meyer Stores will use to construct a 128,000-square-foot store. The assemblage, which involved buying parcels from five...

February 7, 2000 Southside gets new office spaceBusiness Journal of Jacksonville, February 7JACKSONVILLE, Fla. – Trammell Crow is nearly finished with a 225,000-square-foot office building in Bowden Commerce Center. The project, at Bowden and Salisbury Roads, is a...

February 7, 2000 B.C. fund seizes real opportunityThe Globe and Mail, February 7 TORONTO – B. C. Investment Management Corp., the newly created manager of British Columbia's public employee pension funds, has already made two major splashes since...