December 8, 1999Associated PressDALLAS – The Dallas City Council will consider today whether it will trade financial incentives for the addition of 700 jobs at Yahoo! Broadcast, which comes with the guarantee that the company will stay in...

December 8, 1999Starwood Hotels & Resorts (NYSE: HOT) has filed a Form 424B5 prospectus with the SEC. The company is planning to offer 200,000 common shares that could be issued or sold to employees as part of a...

December 8, 1999 Associated PressWEST HOLLYWOOD, Calif. – Warner Bros., oversubscribed on studio space, is selling a historic lot that produced such films as "West Side Story" and "The Thief of Baghdad." BA Studios, a subsidiary of real...

December 8, 1999 The Associated PressDENVER – New York-based Cornerstone Properties Inc. (NYSE:CPP) is selling the distinctive cash-register-shaped One Norwest Center in Denver's downtown for $220 million.A company that advises the California Public Employees Retirement System could close...

December 8, 1999 Lend Lease Corp. Ltd., the giant Australian real estate services firm, said today that its American subsidiary, Lend Lease Real Estate Investments, has inked agreements to acquire five of Amresco Inc.'s (NYSE: AMMB) commercial mortgage...

December 8, 1999 A 139,000 square-foot office building in Morris Township, northern New Jersey, has been sold for more than four times what it was purchased for in 1995, according to today's Wall Street Journal.Massachusetts Mutual Life Insurance...

December 8, 1999 A large list of Tier 1 and Tier 2 bonds is scheduled for bidding at 1 p.m. EST, sources say. The bonds reportedly consist of very high quality transactions from CMBS deals involving GMAC, Morgan...

December 8, 1999 Tropicana not moving to Lakewood RanchSarasota Herald-Tribune, December 8BRADENTON, Fla. – Tropicana Inc. has purchased ten acres of land next to its current Bradenton office complex and plans to expand at that location. With this...

December 8, 1999 Felcor Lodging Trust Inc. (NYSE: FCH) has filed a Form 4 (Statement of Changes ofBeneficial Ownership) with the SEC.

December 7, 1999 Kimco Realty Corp. (NYSE: KIM) has filed a Form 424B3 (Prospectus Filed Pursuant to Rule424) with the SEC.

December 7, 1999 Kimco Realty Corp. (NYSE:KIM) has filed a 424(b)(3) prospectus for the issuance of $50 million of medium-term notes.

December 7, 1999 SAN FRANCISCO – Despa, Germany's largest real estate fund manager, has paid $39 million, or nearly $884/sf, for One Union Square, a very upscale retail property in San Francisco.CB Richard Ellis Investors, the investment management...

December 7, 1999 PEMBROKE PINES, Fla. – Weingarten Realty Investors (NYSE:WRI) has acquired the Pembroke Commons shopping center in Pembroke Pines, Fla., from a client of TA Associates of Boston.A sales price was not disclosed. TA's client was...

December 7, 1999 CHICAGO – The RREEF Funds has paid $73 million, or $155/sf, for the Mid-America Plaza, an office complex in Oak Brook, Ill.The two-building complex, which has a total of 471,000 square feet, was sold by...

December 7, 1999 PHOENIX – As expected, Finova Realty Capital has reached an agreement to originate fixed-rate commercial mortgages for J.P. Morgan & Co.'s conduit program.Go to Previous Story in the VertiNews.com ArchiveThe agreement means that Finova will...

December 7, 1999 New Plan Excel Realty Trust Inc. (NYSE:NXL) has filed a Form 10-Q/A with the SEC.

December 7, 1999 Prudential Insurance Co. is said to be offering a stake of more than 50 percent in One Beacon Street, a 1.1 million-square-foot office building in Boston.Prudential is said to have placed a $286 million, or...

December 7, 1999 Business parks rising in JacksonvilleFlorida Times-Union, December 7JACKSONVILLE, Fla. – North Jacksonville and Southside are both generating new office development. On the northside, BRC Florida Holdings is preparing the $7-million, nine-building Airport Industrial Park on...

December 7, 1999 CHATHAM, N.J. – Wellsford/Whitehall Group LLC has sold 1275 K Street NW in Washington, D.C., for $43.4 million, or $193/sf.Wellsford/Whitehall is a venture between Wellsford Real Properties Inc. (AMEX:WRP) and Goldman Sachs' Whitehall Street Real...

December 6, 1999 Keystone Property Trust (NYSE: KTR) has filed a Form 424B4 (Prospectus) with the SEC.

December 6, 1999 BETHESDA, Md. – First Washington Realty Trust Inc. (NYSE:FRW) recently acquired four neighborhood shopping centers for a total price of $20 million. The purchase of the four centers, which together contain about 425,000 square feet,...

December 6, 1999 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) has acquired a 101,800-square-foot service center flex complex in Phoenix for $7.1 million, or $69.92/sf.The nine-building complex is fully leased to six tenants with an initial going-in...

December 6, 1999 Prison Realty Trust Inc. (NYSE: PZN) has filed a Form SC 13D (General Statement ofBeneficial Ownership) with the SEC.

December 6, 1999 Meditrust Corp. (NYSE: MT) has filed a Form SC 13G/A (Amended Statement of Beneficial Ownership) with the SEC.

December 6, 1999 VertiNews.com Staff Office rents at Japan's newest office buildings are still trending downward, according to research from the Nomura Real Estate Development Co. in Tokyo. Despite recent signs of overall economic recovery in Japan and...