September 29, 1999 LAS VEGAS – Retail developer David DePierro of Dana Point, Calif., paid $5 million for 13.05 acres of land adjoining a Home Depot site where he plans to build a community shopping center. The seller...

September 29, 1999 MENLO PARK, Calif. – Spieker Properties Inc. (NYSE: SPK) has promoted John Foster, currently chief investment officer, and Craig Vought, currently chief financial officer, to positions as co-chief executive officers. The real estate investment trust...

September 29, 1999 HRPT Properties Trust (NYSE:HRP) has filed a Form SC 13D with the SEC.

September 29, 1999 TORONTO – Cadillac Fairview Corp. (NYSE:CDF) has retained Goldman Sachs and Blackstone Group to explore a number of strategic alternatives, including a sale or recapitalization.Both Goldman and Blackstone own substantial stakes in the company.Cadillac Fairview,...

September 29, 1999 Larry Silverstein has agreed to pay more than $200 million, or nearly $118/sf, for 120 Broadway, a massive office building in downtown Manhattan.The Wall Street Journal, which first reported the proposed purchase, also said that...

September 29, 1999 Real estate investment trust National Health Realty (AMEX: NHR) has filed a Form S3/A with the SEC.

September 29, 1999 Mondev sues U.S. over deal gone badMontreal Gazette, September 29MONTREAL – Montreal-based Mondev International Ltd. is using NAFTA to sue the U.S. government for nearly US $20 million over a real-estate deal it made with...

September 29, 1999 By The Associated PressCHATTANOOGA, Tenn. (AP) – Encouraged by the revitalizing success of its $45 million aquarium project seven years ago, the city of Chattanooga has proposed $200 million more in redevelopment investments for its...

September 29, 1999 34 Peachtree Building in sales negotiationsAtlanta Journal Constitution, September 29ATLANTA – Chicago-based RREEF Funds is selling the 275,000-sf 34 Peachtree Building across from Woodruff Park to an undisclosed, out-of-town buyer, according to Resource Real Estate...

September 29, 1999 Winston Hotels Inc. (NYSE: WXH) has filed a Form S-3/A related to the offer and sale of up to 879,000 common shares by certain shareholders.

September 29, 1999 NEW YORK – Metropolitan Life Insurance has provided $150 million of fixed-rate financing for

September 29, 1999 MONTROSE, Calif. – Anchor Pacifica Management Co. paid $7.1 million for a 129-unit apartment complex in Montrose, Calif.David Elliott and Peter Hauser of Charles Dunn Co.'s Orange County office represented the buyer. Elliot and Hauser...

September 28, 1999 Trinet Corporate Realty Trust Inc. (NYSE:TRI) has filed with the SEC a proxy under Form DEF 14A regarding its merger with Starwood Financial Trust (NYSE: APT).

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...