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 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 28, 1999 PHILADELPHIA – Lippincott, Williams and Wilkins has leased 123,000 square feet at 510 Walnut Street in downtown Philadelphia.The 10-year lease was valued at more than $22 million. Lippincott Williams, a publisher, will relocate its corporate...

September 28, 1999 FORT WORTH, Texas – Crescent Real Estate Equities Co. (NYSE:CEI) has made a series of executive changes, effectively reorganizing its senior management. The reorganization was orchestrated to better take advantage of potential investment opportunities, according...

September 28, 1999 NEW YORK – SL Green Realty Corp. (NYSE:SLG) has filed a Form S-3/A for the sale of up to $400 million of common and preferred shares.

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

September 28, 1999 MEMPHIS, Tenn. – Storage USA Inc. (NYSE:SUS) has filed a Form S3 registration for the issuance of 14,622 shares to individuals and entities that sold self-storage facilities to SUSA Partnership LP on Sept. 25, 1998.

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,...