September 28, 1999 Health Care Property Investors Inc. (NYSE:HCP) has filed a Form S-4 regarding its merger with American Health Properites, with the SEC.
September 28, 1999 Developers nix stadium, plan retailSouth Florida Business Journal, September 28MIAMI – Taylor Development Co. of Miami has teamed with Tri-Stone Cos. of Boca Raton to build a 500,000-square-foot retail and office complex at SW 3...
September 28, 1999 American Real Estate Investment Corp. (NYSE:REA) has filed a Form 424B3 with the SEC.The prospectus covers the sale of 1.4 million common shares to Jeffrey E. Kelter and Hudson Bay Partners II L.P. at a...
September 28, 1999 NEW YORK – PricewaterhouseCoopers has released its Fall 1999 issue of Global Real Estate Now, its semi-annual look into trends and concepts that are transforming commercial real estate.The study analyzes the effect that globalization, e-commerce...
September 28, 1999 New Plan Excel Realty Trust Inc. (NYSE:NXL) has filed a shelf registration under Form S-3 with the SEC. The shelf relates to the issuance of up to 664,316 common shares to holders of limited partnership...
September 28, 1999 LOS ANGELES – Oakwood Corporate Housing has bought the Club Tower Apartments, a 434-unit, forty-story luxury high-rise located at 1280 West Peachtree St., NW, in Atlanta for an undisclosed amount. Included in the purchase of...
September 28, 1999 REDLANDS, Calif. – Primecare Medical Network has renewed its 22,000-square-foot lease at the Nevada Street Plaza Business Park in Redlands.The lease accounts for nearly 20 percent of the property's 121,844 sf of leasable area. Currently,...
September 28, 1999 CYPRESS, Calif. – The Bascom Group LLC has paid $9.4 million for a 160-unit, 126,000-square-foot apartment complex in Cypress, Calif. (Orange County). David Elliott and Peter Hauser of Charles Dunn Co.'s Orange County office represented...
September 28, 1999 SL Green Realty Corp. (NYSE:SLG) has filed form
September 28, 1999 SAN FRANCISCO – AMB Property Corp. (NYSE:AMB) has raised the first $120 million of equity for AMB Institutional Alliance Fund I, an investment fund that will buy and develop industrial properties near major airports, ports...
September 28, 1999 Royal Bank drops mortgage ratesToronto Star, September 28TORONTO – In response to falling rates in the North American bond market, Royal Bank has dropped mortgage rates by up to a quarter point on short-term loans....
September 28, 1999 MIAMI – LNR Property Corp. (NYSE:LNR) reported net earnings for the third quarter ended Aug. 31 of $21.4 million or 59/share on a diluted basis, up from $19.1 million or 52/share for the same period...
September 28, 1999 By Dan Whipple, VertiNews.com CorrespondentCASPER, Wyo. – Local government officials are talking to developers about potential commercial projects for the former Amoco refinery, a 300-acre parcel in this city of 50,000.Likely projects for the heavily...
September 28, 1999 NEW YORK – The Royal Norwegian Consulate General and the Permanent Mission of Norway to the U.N. have signed a 20-year lease renewal for 21,500 square feet at 825 Third Avenue in Manhattan.Terms of the...
September 27, 1999 Apartment Investment & Management Co. (NYSE:AIV) has filed a Form 3 with the SEC.
September 27, 1999 BIRMINGHAM, Ala. – Colonial Properties Trust (NYSE:CLP) sold five apartment complexes, with 1,709 units, to a venture it formed with CMS Cos. of Philadelphia.Colonial owns 15 percent of the venture and will continue to manage...
September 27, 1999 Alexandria Real Estate Equities Inc. (NYSE:ARE) has filed a Form 8-K with the SEC.
September 27, 1999By The Associated PressPHILADELPHIA (AP) – Sunoco Inc. (NYSE:SUN) has signed a long-term lease for fourteen of Best Petroleum Co.'s gasoline and convenience stores in metropolitan Boston. The lease allows Sunoco to manage and operate the...
September 27, 1999 DALLAS – Olympus Real Estate Corp. last Friday said an affiliate would acquire Walden Residential Properties Inc. (NYSE:WDN) in a deal valued at about $1.7 billion, or $23.25/share. Olympus is a private opportunistic real estate...
September 27, 1999 JACKSONVILLE, Fla. – FRP Properties Inc. (NASDAQ:FRPP) has proposed spinning off its real estate operations, while retaining its transportation business. The company has received an Internal Revenue Service ruling that allows the deal to be...
September 27, 1999 PITTSBURGH – Aristech Chemical Corp. has signed a 10-year lease to occupy 53,000 square feet at One Oliver Plaza in Pittsburgh.Terms of the lease were not disclosed. Aristech will vacate the space it currently occupies...
September 27, 1999 USX plans homes, industry near race track siteThe Birmingham News, September 26LEEDS, Ala. – Just northeast of Birmingham, USX Realty is planning a 700-acre development that includes homes, retail shops, industrial park space and possibly...
September 27, 1999 Truce permits sale of SkyDome HotelThe National Post, September 27TORONTO – Toronto's SkyDome Hotel, a 346-room hotel, will be sold to Vancouver real estate company Larco Investments Ltd. despite delays caused by a legal battle...
September 24, 1999 By Morris Newman, VertiNews.com CorrespondentSCOTTSDALE, Ariz. – SalesLogix. Corp of Scottsdale has leased 16,918 square feet at Gainey Center in a five-year deal worth $2.3 million. The landlord is Opus.SalesLogix is a software maker which...
September 24, 1999By Morris Newman, VertiNews.com CorrespondentPHOENIX – The law firm of Quarles & Brady has leased 40,000 square feet at the Bank of America Building at Collier Center in downtown Phoenix. The 10-year deal is worth $11...
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