January 10, 2000 NewsTraders.com) -- First Industrial Realty Trust (FR) received an improved outlook from Merrill Lynch, which raised its intermediate-term rating on the real estate investment trust, or REIT, to "accumulate" from "neutral" with a $30 price...

January 10, 2000 Walden Residential Properties Inc. (NYSE:WDN) has filed a Form 8-K with the SEC. The report relates to an amended and agreed merger among Walden, Oly Hightop Corp., and Oly Hightop Parent LP.

January 10, 2000 Warburg Dillon Read is planning a commercial mortgage-backed securities issue that could involve up to $1.6 billion of loans, according to Real Estate Investment & Finance. The newsletter said the investment bank is still looking...

January 10, 2000 MIAMI – After a six-month-long search, the Commercial Mortgage Securities Association has selected Trepp LLC to develop its commercial mortgage-backed securities collateral performance database.The database, which will be accessible to CMSA members via the group's...

January 10, 2000 (NewsTraders.com) -- SL Green Realty Corp. (NYSE:SLG) was initiated today with a lukewarm "hold" rating in new coverage by McDonald Investments analyst Anatole Pevnev, who noted his belief that the company's shares are fully priced...

January 7, 2000Lindbergh Plaza for sale: Center offered for new projectAtlanta Journal-Constitution, January 7ATLANTA – Noro-Broadview Holding Co. of the Netherlands has hired Grubb & Ellis Co.'s Atlanta office to market the 40-year-old Lindbergh Plaza Shopping Center in...

January 7, 2000 DALLAS – Olympus Real Estate Corp. has fine-tuned its agreement to acquire Walden Residential Properties, Inc. (NYSE:WDN). The fine-tuning is expected to resolve a pending shareholder lawsuit that sought to block the merger. In addition,...

January 7, 2000Fitch IBCA has issued a pre-sale report for an $814.4 million conduit transaction by J.P. Morgan and LaSalle Bank. Go to the Fitch IBCA Pre-Sale ReportThe issue is also being rated by Moody's, which is expected...

January 7, 2000 NEW YORK – W. P. Carey & Co. has acquired four Texas properties on behalf of Corporate Property Associates 14, a private REIT it oversees.The industrial properties, which were purchased for $30 million, were all...

January 6, 2000 MENLO PARK, Calif. – Spieker Properties Inc. (NYSE:SPK) has signed leases totaling 311,000 square feet at two office developments near the San Jose International Airport. The 133,000-sf Concourse V and 210,00-sf Concourse VI have an...

January 6, 2000 IRVING, Texas – American Industrial Properties (NYSE:IND) has sold a 208,290 square-foot industrial property in Elk Grove Village, Ill., for $7.7 million.AIP had held the property since December 1997.The sale is part of the REIT's...

January 6, 2000 Development Board approves hotel's first phaseSarasota Herald-Tribune, January 6SARASOTA, Fla. – The Sarasota Review Committee has cleared the way for the first phase of development of the proposed Ritz-Carlton Hotel project. The 17-story, 272-room hotel...

January 6, 2000 Bids still coming in for Imasco's GenstarThe National Post, January 6MONTREAL – Imasco Ltd. will accept bids for its Genstar Development Co. for another two weeks. So far, the company said, 12 of 31 parties...

January 6, 2000 Keystone Property Trust (AMEX:KTR) has filed a Form 8-K with the SEC.

January 6, 2000 Charles E. Smith Residential Realty Inc. (NYSE:SRW) has filed a Form 8-K with the SEC.

January 6, 2000 Metropolitan Life is once again shopping Leadership Square in Oklahoma City after a proposed sale to HRPT Properties Trust (NYSE:HRP) fell through.HRPT had been negotiating to buy the 736,000-square-foot office complex – widely viewed as...

January 6, 2000SAN DIEGO – Burnham Pacific Properties Inc. (NYSE:BPP) has sold its interest in BPP Retail LLC, a joint venture with California Public Employees' Retirement System, for $39.4 million.Burnham Pacific is using the $29.1 million of cash...

January 6, 2000 REDWOOD CITY, Calif. – DHL Airways is moving its corporate headquarters to San Francisco from Redwood City. DHL will begin its move to 50 California Street in December 2000, when the five-year lease on its...

January 5, 2000 Associated PressLAS VEGAS – Robert Bigelow was fascinated by UFOs as a child. Now he says he's willing to gamble $500 million that space fans will shell out big bucks to orbit the moon in...

January 5, 2000 WASHINGTON – CarrAmerica Development Inc. has broken ground for the first phase of Dry Creek Corporate Center in Englewood, Colo. The three-story office building totaling 94,000 square feet, is expected to be completed this summer.Dry...

January 5, 2000 Trammell Crow to redevelop newly acquired Mazda centerFlorida Times-Union, January 5JACKSONVILLE, Fla. – Developer Trammell Crow plans a $9.5 million investment in a Southside office-warehouse that it will redevelop into the Deerwood Commerce Center. Trammell...

January 5, 2000 A Captec Net Lease Realty Inc. (NASDAQ:CRRR) shareholder who says he has the backing of some 25 percent of the REIT's shareholders wants to find a buyer for Captec, according to the Wall Street Journal.Zell...

January 5, 2000 A venture between the Pennsylvania State Employees' Retirement System and Pennsylvania REIT (NYSE:PEI) agreed to pay $140 million for Willow Grove Park, a 981,000-square-foot shopping center in the Philadelphia suburbs that PREIT already managed.The property...

January 5, 2000 Rideau Centre expansion in worksOttawa Citizen, January 5OTTAWA – A massive expansion of the Rideau Centre, downtown Ottawa's biggest magnet for shoppers, appears to be moving forward. The expansion will likely include a new convention...

January 5, 2000 OAK BROOK, Ill. – CenterPoint Properties Trust (NYSE:CNT) has acquired six industrial properties in Illinois and Wisconsin for $34.5 million, while selling four properties for $22.2 millionThe acquisitions totaled 996,000 square feet, while the properties...