November 18, 1999 McLEAN, Va. – Capital Automotive REIT (NASDAQ:CARS) said it completed $65.3 million of acquisitions during the past month-and-a-half.The purchases involve 13 dealerships in five states. They comprise 522,000-square-feet of building area and 57.8 acres. Average...

November 18, 1999 NEW YORK – Clarion Partners has purchased, on behalf of a pension-fund client, the Cheli Distribution Center in Los Angeles for $98.6 million, or nearly $55/sf.The property comprises 14 buildings with some 1.8 million square...

November 18, 1999 Starwood Hotels & Resorts (NYSE: HOT) has filed a Form S-3 (Registration Statement) with the SEC.

November 18, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income (Loss) ($5.5 mln) ($13.2 mln) ($5 mln) ($8.4 mln) Net (Loss)/shr($0.65) ($1.32) ($0.59) ($0.96) Revenue$7.3 mln $11.3 mln $24.3 mln $25.8 mln Shrs outst.8.4 mln 10 mln 8.5 mln...

November 18, 1999 By Dan Whipple, VertiNews.com CorrespondentST. PAUL, Minn. – Ramsey County is soliciting developers for an unusual slice of Mississippi riverfront property – its 121,000-square-foot county jail.The county is building a new detention center elsewhere, freeing...

November 18, 1999 3rd-Qtr 993rd-Qtr 98Net Income (Loss) ($22.5 mln) $0.3 mln Net (Loss)/shr($1.78) $0.03 Revenue$16.5 mln –

November 18, 1999 Capital Trust Inc. (NYSE:CT) has filed a Form DEF 14A proxy statement with the SEC.

November 18, 1999 Hotel approved for downtown BradentonBradenton Herald, November 18BRADENTON, Fla. – County commissioners have recommended approval for a 112-room Country Inns & Suites hotel on property east of the city-owned waterfront property in downtown Bradenton. Fisher...

November 18, 1999 Anthracite Capital Inc. (NYSE:AHR) has filed Form 10-Q with the SEC.

November 18, 1999 PNC Mortgage Acceptance Corp., Series 1999-CM1ClassAmount($mln)Sub. Level(%)RatingS&PRatingFitchAvg.LifePriceTalk(BP)BnchMarkA-1A127.126.76AAAAAA5.7+99-101Treas.A-1B45026.75AAAAAA9.56+118-120Treas.A-241.421.5AAAA9.85+139-142Treas.A-335.4517AA9.9+157-162Treas.A-413.7915.25A-A-9.9+178-183Treas.B-125.612BBBBBB9.9+233-238Treas.B-29.8510.75BBB-BBB-9.9+313-318Treas.

November 17, 1999 Battle for Shoppers goes down to the wireThe National Post, November 17 MONTREAL – Imasco Ltd. and British American Tobacco PLC are preparing to unveil the winner of a bidding war for Shoppers Drug Mart...

November 17, 1999 Duke Weeks Realty Corp. (NYSE:DRE) has filed Form 10-Q with the SEC.

November 17, 1999 SL Green Realty Corp. (NYSE:SLG) has filed Form 10-Q with the SEC.

November 17, 1999 CHICAGO – General Growth Properties Inc. (NYSE:GGP) has formed a $1.1 billion joint venture with the New York Common Retirement Fund.The venture is the second between the two. It will own $1.1 billion of properties,...

November 17, 1999 GLENDALE, Calif. – Public Storage Inc. (NYSE:PSA) has entered into a joint venture to fund the development of about $100 million of self-storage properties.The joint venture is expected to eliminate much of the earnings dilution...

November 17, 1999 Starwood Hotels & Resorts (NYSE: HOT) has filed a Form 10-Q/A (Amended Quarterly Report)with the SEC.

November 17, 1999 Resource Asset Investment Trust (NYSE: RAS) has filed a Form SC 13G (Statement ofBeneficial Ownership) with the SEC.

November 17, 1999 ATLANTA – Cousins Properties Inc. (NYSE:CUZ) and Myers Development Co. have formed a venture that acquired a site suitable for an office building in San Francisco for $22 million.The property, which encompasses 25,776 square feet,...

November 17, 1999 Koger Equity Inc. (AMEX:KE) has filed a Form 8-K with the SEC.

November 17, 1999The Bank of America Center soldTulsa World, November 17TULSA, Okla. – Bank Tower Limited Partnership has paid $9.5 million for the Bank of America Center, which contains 284,000 square feet of office space and a seven-story...

November 17, 1999 CUPERTINO, Calif. – Mission West Properties Inc. paid $7.2 million, or $92/sf, for a 77,700-square-foot research and development property in San Jose, Calif.The property is fully leased to Cisco Systems through June 2004.It was purchased...

November 17, 1999 By Genaro C. Armas, Associated PressPHILADELPHIA – For more than eight years, the burned-out remains of One Meridian Plaza stood out as an eyesore among Center City's skyscrapers, a bad reminder of a blaze that...

November 17, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $1.9 mln$1.6 mln $6.9 mln $6 mln FFO/shr (diluted) $0.24 $0.22 $0.83 $0.79 Extra Gain (Loss) – ($0.6 mln) ($0.2 mln) ($0.9 mln) Net Income (Loss)$2.6 mln ($1.2 mln) $4.3...

November 17, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $6.2 mln$2.9 mln $21.9 mln $20.2 mln FFO/shr (diluted) $0.22 $0.09 $0.77 $0.59 Net Income $5.4 mln $2.2 mln $19.5 mln $19.2 mln Net/shr$0.19 $0.07 $0.68 $0.57 Revenue$15.2 mln $17.2...

November 17, 1999 3-mos 99 Pro Forma9-mos 99 Pro FormaFFO$1.6 mln $4.3 mln FFO/shr (diluted)$0.25 $0.67 Net Income$0.4 mln $0.9 mln Net/shr$0.15 $0.39 Lease Revenue$1.9 mln $3.5 mln