RECENT NEWS
ElderTrust Files 8-A12B
October 20, 1999 ElderTrust (NYSE:ETT) has filed a Form 8-A12B (Registration Statement) with the SEC.
Keystone Property Files 8-K
October 20, 1999 Keystone Property Trust (AMEX:KTR) has filed a Form 8-K with the SEC.
Wellington Trust Files 8-A12B
October 20, 1999 Wellington Properties Trust (NASDAQ:WLPT) has filed a Form 8-A12B (a registration statement) with the SEC.
Canadian Regional Digest
October 20, 1999 New life in Old Port's eastMontreal Gazette, October 20MONTREAL – Harbourteam Corp. has unveiled plans for a $80-million condominium and hotel development on Montreal's waterfront. The hotel/condo project would be built in a converted refrigerated...
Southeast Regional Digest
October 20, 1999 Perimeter Square West Shopping Center sold for $26.5 millionAtlanta Journal Constitution, October 20ATLANTA – A German investment group represented by Trammell Crow Co. has just purchased the 5-year-old, 186,000-sf Perimeter Square West Shopping Center for...
Equity Inns Puts Financial Data on Website
October 20, 1999 MEMPHIS, Tenn. – Equity Inns Inc. (NYSE:ENN) has launched a website that will provide in-depth financial and corporate information for shareholders and the financial community.
Konover Property Pays $18.4 Mln for 2 Shopping Centers
October 20, 1999 CARY, N.C., Oct. 20 /PRNewswire/ -- Konover Property Trust (NYSE:KPT) paid $18.4 million for two community shopping centers totaling 235,000 square feet.The properties are: Lake Washington Crossing in Melbourne, Fla., which was purchased for $9.7...
Teachers, Chiyoda Complete Sale of One Liberty in Philadelphia
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...
Southeast Regional Digest
October 19, 1999 Sylacauga lands $80 Mln plant, 450 jobsBirmingham News, October 19SYLACAUGA, Ala. – More than 100 acres are now being cleared in Sylacauga for construction of an $80 million plant for a company owned by Italian...
Grubb & Ellis Gets $50 Mln Credit Line from BofA-led Syndicate
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...
Canadian Regional News Digest
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...
Nancy Skow Named Partner of E&Y’s Denver Office
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...
St. Joe Taps Disney Exec to Head Hospitality Development Group
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...
National Golf Properties Files S-3/A
October 19, 1999 National Golf Properties Inc. (NYSE:TEE) has filed a Form S-3/A (Registration Statement) with the SEC.
Cornelia Kiley Joins Lend Lease as Head of Marketing
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...
Manufactured Home Communities Files 8-K
October 19, 1999 Manufactured Home Communities (NYSE:MHC) has filed a Form 8-K with the SEC.
CB Richard Ellis Brokers Sale of 2 California Retail Centers
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...
Texaco Sells London Headquarters Building for $136 Mln
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...
American Mortgage Investors Files 8-K
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.
Sunstone Hotel Investors Files Amended Privatization Registration
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.
RFS Hotel Files 10-Q/A
October 19, 1999 RFS Hotel Investors Inc. (NYSE:RFS) has filed a Form 10-Q/A (Amended Quarterly Report) with the SEC.
Hospitality Properties Files S-3
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.
LNR Property Files 10-Q
October 18, 1999 LNR Property Corp. (NYSE:LNR) has filed Form 10-Q with the SEC.
Keystone Property Pays $33/sf for Penn. Warehouse
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...
Kilroy Realty Corp. Files S-3
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.
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