October 7, 1999 Three large apartment complexes sell for $39.3 MlnBradenton Tribune-Review, October 7BRADENTON, Fla. – Town and Country Trust bought three large apartment complexes containing a total of 742 apartments for $39.3 million. The Baltimore REIT purchased...

October 7, 1999 Carramerica Realty Corp (NYSE:CRE) has filed a Form S-8 with the SEC.

October 7, 1999 BEVERLY HILLS, Calif. – A joint venture between Meadowbrook Golf Group Inc. and Apollo Real Estate Investment Fund IV has completed the purchase of KSL Fairways Golf Corp., which was renamed Fairways Golf Corp.Terms of...

October 7, 1999BALTIMORE – The Town and Country Trust (NYSE:TCT) has acquired three garden-style apartment communities in Sarasota and Bradenton, Fla., and sold one community in Harrisburg,Pa.The two Sarasota and one Bradenton communities – Heron's Run, McIntosh, and...

October 7, 1999 NEW YORK – Banco Santander Central Hispano has named Cushman & Wakefield as exclusive leasing agent to sublet 280,000 square feet of office space in Manhattan.Santander has 198,000 sf at 1251 Avenue of the Americas,...

October 7, 1999 KANSAS CITY, Mo. – Midland Loan Services Inc., a unit of PNC Bank Corp. (NYSE:PNC) has expanded its menu of loan products with the addition of FHA multi-family and nursing home construction and permanent loans....

October 7, 1999 PALO ALTO, Calif. – Essex Property Trust Inc. (NYSE:ESS) paid $35 million, or $78,500/unit, for Avondale at Warner Center, a 446-unit apartment complex in the Woodland Hills area of the West San Fernando Valley.The property...

October 7, 1999 NEWTOWN SQUARE, Pa. – Brandywine Realty Trust (NYSE:BDN) has named Phil Schenkel managing director of its industrial division. He will continue to manage the REIT's Lehigh Valley region. Schenkel has been with Brandywinde since last...

October 7, 1999 WASHINGTON – CarrAmerica Realty Corp. (NYSE:CRE) has postponed plans to spin off its HQ Global Workplaces affiliate because of weak market conditions.CarrAmerica planned to spin-off the company, an office outsourcing firm, through an initial public...

October 7, 1999Following are excerpts from Cushman & Wakefield's third-quarter Manhattan office report.NEW YORK – After several cool quarters, the Manhattan office market posted strong results in the third quarter and is now poised to end the decade...

October 7, 1999 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) paid $42.5 million for an office building in Columbia, S.C., that is net leased for 10 years to Blue Cross/Blue Shield of South Carolina, a double-A rated...

October 7, 1999 NEWPORT BEACH, Calif. – Pacific Gulf Properties Inc. (NYSE: PAG) sold a 302,000-square-foot industrial facility in Ontario, Calif., for $11.2 million.The property was sold to BIT Holdings Forty-Three Inc.The REIT, which focuses on small- to...

October 7, 1999By Thomas J. Walsh, VertiNews.com Senior WriterSEATTLE – Matrix Development Group of Cranbury, N.J., will be named Developer of the Year tomorrow night by the National Association of Industrial and Office Parks, or NAIOP.NAIOP has been...

October 6, 1999 SACRAMENTO, Calif. – Mark Albertson, managing director of AEW Capital Management, has joined the California Public Employees' Retirement System as portfolio manager.In addition, Calpers named Lou Jug portfolio manager. Jug was previously principal investment officer...

October 6, 1999 NEW YORK – DLJ Realty Services Inc., a unit of Donaldson, Lufkin & Jenrette, has been retained as exclusive marketing and leasing agent for Fox Plaza in the Century City section of Los Angeles.The assignment...

October 6, 1999 DALLAS – Prentiss Properties Trust (NYSE:PP) has sold what it considered non-essential properties in Kansas City and Phoenix, as well as a business park north of San Diego, for about $77 million.The REIT has another...

October 6, 1999 LOS ANGELES – Jurupa Partners has leased a 138,630-square-foot facility in Fontana, Calif., to US Plastics.Terms of the transaction, which was arranged by CB Richard Ellis (NYSE:CBG), were not disclosed. CB also represented Jurupa in...

October 6, 1999Business center projects planned for Westside, SouthsideFlorida Times-Union, October 6JACKSONVILLE, Fla. – Jacksonville is getting two more business centers. The $2 million Ricker Road Business Center on the Westside will be an eight-building, 58,000 square-foot mixed-use...

October 6, 1999 Home Properties of New York Inc. (NYSE:HME) has filed a Form 8-K with the SEC.

October 6, 1999 Sports Hall of Fame stirs up little private interestOttawa Citizen, October 6OTTAWA – Regional government will review proposals from the Canadian Gateway Corp., an Ottawa-based consortium that developed the $75-million Daly site, and Bosgoed Project...

October 6, 1999 DALLAS – U.S. Restaurant Properties Inc. (NYSE:USV) has raised $55 million by selling preferred stock to a private investor.A unit of the REIT issued perpetual preferred stock with an annual coupon of 8.5 percent fixed...

October 6, 1999 Berkshire Realty (NYSE:BRI) has filed Form 8-K with the SEC.

October 6, 1999 BOSTON –MGI Properties (NYSE:MGI) raised $39.8 million by selling two aparment complexes.The sale price included the assumption, or repayment of $18.6 million of debt on the properties. MGI, which adopted a plan of liquidation last...

October 6, 1999 Kilroy Realty Corp (NYSE:KRC) has filed a Form 424B5 with the SEC. The filing is related to Kilroy's adoption of a dividend reinvestment plan.

October 6, 1999 JACKSON, Miss. – EastGroup Properties (NYSE:EGP) paid more than $10 million for industrial properties in Orlando and Tampa.EastGroup paid $4.2 million for the 123,000 square-foot Altamonte Commerce Center on the northside of Orlando. The complex...