October 19, 1999 PHILADELPHIA – Teachers Insurance and Annuity Association said that it, along with its partner, Chiyoda Life Realty of America Inc. has completed the sale of its interest in One Liberty Place, a 1.2 million-square-foot office...
October 19, 1999 Bata closes Ontario plantToronto Star, October 19TORONTO – Bata Industries Ltd. will close an eastern Ontario shoe plant as part of a North American reorganization. The move will eliminate 209 jobs in Batawa, north of...
October 19, 1999 NORTHBROOK, Ill. – Grubb & Ellis Co. (NYSE:GBE) has secured a $50 million credit line through a syndicate of financial institutions arranged by Banc of America Securities LLC.The five-year-term credit line replaces a $35 million...
October 19, 1999 JACKSONVILLE, Fla. – Robert L. Shinn has joined the St. Joe Co. (NYSE:JOE ) as president of the company's newly formed Hospitality Development Group.The unit, which will develop hotels, resorts and timeshare facilities, is headquartered...
October 19, 1999 DENVER – Nancy A. Skow has been promoted to partner of Ernst & Young LLP's Denver office.Skow, who has been with Ernst & Young since 1988, provides audit services to clients in the real estate...
October 19, 1999 NEW YORK – Cornelia L. Kiley, former managing director for Chase Manhattan Bank's global asset management unit, has been named head of marketing of Lend Lease Real Estate Investments Inc. In her new post, Kiley...
October 19, 1999 National Golf Properties Inc. (NYSE:TEE) has filed a Form S-3/A (Registration Statement) with the SEC.
October 19, 1999 LOS ANGELES – A 110,000-square-foot retail store in Norco, Calif., has been sold for $10.9 million.The building, on a 10-acre lot, houses a HomeBase store. It is located at 200 Hidden Valley Parkway. It was...
October 19, 1999 Manufactured Home Communities (NYSE:MHC) has filed a Form 8-K with the SEC.
October 19, 1999 NEW YORK – Texaco Inc. sold the headquarters building of its London operations for $136 million (82.5 million pounds), or nearly $627/sf.The 217,000-square-foot building, which is located at Westferry Circus in London's Canary Wharf, was...
October 19, 1999 American Mortgage Investors Trust (AMEX:AMC) has filed Form 8-K with the SEC. The filing provides details about the REIT's recent purchase of commercial mortgage-backed securities.
October 19, 1999 Sunstone Hotel Investors Inc (NYSE:SSI) has filed a Form SC 13E3/A with the SEC. The filing details Sunstone's planned merger with Westbrook Real Estate Partners LLC.
October 19, 1999 RFS Hotel Investors Inc. (NYSE:RFS) has filed a Form 10-Q/A (Amended Quarterly Report) with the SEC.
October 19, 1999 Hospitality Properties Trust (NYSE:HPT) has filed Form S-3 with the SEC. The filing relates to the resale of common shares by shareholders Gerard M. Martin and Barry M. Portnoy for their own account.
October 18, 1999 LNR Property Corp. (NYSE:LNR) has filed Form 10-Q with the SEC.
October 18, 1999 WEST CONSHOHOCKEN, Pa. – Keystone Property Trust (AMEX:KTR) paid $29.4 million for a 885,800-square-foot bulk distribution warehouse in LeMoyne, Penn.The property, built in 1997, is fully leased to International Paper, Cumberland Distribution, Outdoor Advertising Systems...
October 18, 1999 Kilroy Realty Corp. (NYSE: KRC), a real estate investment trust, has filed a Form S-3 , a registration of its securities, with the SEC.
October 18, 1999Germantown Office Park lures tenantsMemphis Business Journal, Oct. 18MEMPHIS, Tenn. – Memphis-based Eagle Systems Technology Inc., First Tennessee Bank and three medical practices have committed to a new $30 million office park development by Memphis-based Loeb...
October 18, 1999 Old Port warehouse to get $80-Mln faceliftMontreal Gazette, October 16MONTREAL – Montreal's Old Port area is set to undergo an $80 million transformation with the conversion of a long-vacant cold-storage warehouse into a luxury hotel-condominium...
October 18, 1999BEVERLY HILLS, Calif. – Kennedy-Wilson Inc. (NASDAQ:KWIC) and a unit of Marcus & Millichap of Los Angeles have formed an investment fund that will buy and reposition up to $200 million of Southern California multi-family properties.Marcus...
October 18, 1999 ATLANTA – Deloitte & Touche and the National Association of Office and Industrial Properties (NAIOP) report that the Northeast region has maintained the highest rents in the nation for industrial space, according to the two...
October 18, 1999By Lisa Finnegan, VertiNews.com CorrespondentNEW YORK -- 838 Associates LLC has received $42 million in financing, or more than $750 per square foot, to build luxury condominiums at the former site of the Union of American...
October 18, 1999IRVING, Texas – FelCor Lodging Trust Inc. (NYSE: FCH) and Starwood Hotels & Resorts (NYSE: HOT) have partnered to buy the 437-room Sheraton Premier Hotel in Tysons Corner, Va.The team paid $52.9 million for the property....
October 18, 1999 LOS ANGELES – CB Richard Ellis (NYSE:CBG) has been named leasing and marketing agent for Harbor Center, a $55 million development project in Costa Mesa, Calif.The 330,000-square-foot property is anchored by Home Depot, Lucky, Rite...
October 18, 1999 HORSHAM, Pa. – GMAC Commercial Mortgage has arranged $17 million in financing for a Scottsdale, Ariz., apartment complex.Sonoran Vista Apartments LLC received a 7.85 percent acquisition loan with a 30-year amortization for the Sonoran Vista...
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