August 31, 1999 Ciao, N.J. Turnpike Bergen Record, August 31TRENTON, N.J. – It's official: The biggest operator of food and gift concessions for travelers  including on the Garden State Parkway, the turnpike, and at Newark Airport ...

August 31, 1999 SOUTHFIELD, Mich. – Ramco-Gershenson Properties Trust (NYSE: RPT) has formed a joint venture with Investcorp International that aims to buy $125 million of shopping centers.Investcorp, an international investment firm best known for reviving firms such...

August 31, 1999Coming soon: Slowdown in apartment boomOrlando Business Journal, August 30ORLANDO, Fla. – The great apartment shakeup of 1999 is about to come, according to apartment guru Robert W. Miller of the Orlando office of CBRichard Ellis....

August 31, 1999 DALLAS – Apartment rental rates in Denver continued to climb last quarter, but Axiometrics, a Dallas research firm, predicts that the market will soften as employment growth slows and a flurry of new multi-family units...

August 31, 1999 ATLANTA – Post Properties Inc. (NYSE:PPS) has started construction on five apartment communities that it projects will cost a total of $137 million to complete.The complexes are in Charlotte, Austin, Texas, Atlanta and Dallas. The...

August 31, 1999$5.8 Mln bid puts park plans in jeopardyChicago Tribune, August 31CHICAGO – The attorney representing property owner Maryknoll Restoration Inc. and its owner told a federal bankruptcy judge they have a deal to sell the land...

August 31, 1999 By Associated Press OTIS, Ore. (AP) - It's just a blip on the map along Oregon 18 where beach-bound travelers can stop to fill their tanks or fill their bellies at the Otis Cafe. It...

August 30, 1999Land condemned for Superior Marketplace valued at $300,000Boulder Daily Camera, August 30BOULDER, Colo. – A Boulder County jury ruled that two acres of land condemned to allow construction of the Superior Marketplace was worth $300,019 ---...

August 30, 1999 NEW YORK – Construction costs are projected to rise 1.06 percent in the third quarter, according to The Turner Corp. (NYSE:TUR). "The high volume of work continues to drive the market. Material escalation is having...

August 30, 1999 DALLAS - Credit Suisse First Boston and Koll Bren Realty Advisors are re-evaluating their plans for Dallas' Republic Towers complex, a three-building office complex that the investment team has already spent $50 million on.The team...

August 30, 1999 Builder plans condos of ChampionsHouston Business Journal, August 30HOUSTON -- Greenwood Properties is preparing to extend its residential reach with construction of a 12-story luxury condominium project in northwest Houston. The development, dubbed Chateau Raveneaux,...

August 30, 1999 SAN FRANCISCO – McKesson HBOC Inc. (NYSE:MCK) has hired Frank A. Robinson to the post of vice president of corporate real estate. Robinson, who formerly held a similar post at the Tandem division of Compaq...

August 30, 1999 GREENWICH, Conn. – Urstadt Biddle Properties Inc. (NYSE: UBP) sold, for $2.8 million, a retail property in Mesa, Ariz., that is triple net leased to Mervyn's. Urstadt Biddle will realize a gain of $1.4 million...

August 30, 1999 Sun Communities is planning to raise $100 million through an offering of medium-term notes.The Farmington Hills, Mich., REIT said that it might offer some of the securities in foreign currencies -- a hint that it...

August 30, 1999 INDIANAPOLIS – A venture led by Simon Property Group Inc. (NYSE:SPG) completed the first phase of its $1.7 billion purchase of a regional mall portfolio from New England Development Co.The venture acquired 10 malls, with...

August 30, 1999 $15-Bln pipe dreamMontreal Gazette, August 30MONTREAL – A new coalition of municipalities, businesses and labour groups is calling for a massive, long-term $15-billion renewal program for Quebec's decaying infrastructure. The Coalition for the Renewal of...

August 30, 1999Fiat eyes S.C. site for plantThe Business Journal of Charlotte, August 30CHARLOTTE, N.C. – A subsidiary of Italian automaker Fiat S.p.A. is considering building an $80 million to $100 million aluminum casting plant about 35 miles...

August 30, 1999 NEW YORK – Standard & Poor's revised its outlook on United Dominion Realty Trust Inc. (NYSE:UDR) and its operating partnership, United Dominion Realty LP, to negative from stable because the REIT's financial risk profile has...

August 30, 1999Debt for Philly REITs is rocketingThe Philadelphia Business Journal, August 30 Reflecting a growing national trend, Philadelphia area property assetsare being sold off, stock buyback programs and refinancings arecommonplace, and REIT debt loads have doubled in...

August 30, 1999 KC firm selected for Kansas lake resort developmentKansas City Star, August 28KANSAS CITY – CB Richard Ellis Development Team from Kansas City has been selected to develop and manage a resort and convention center planned...

August 30, 1999 LOS ANGELES – Bentall Corp. has retained Kennedy-Wilson Properties Ltd. as project manager for 1888 Century Park East, a Los Angeles office building it recently purchased.The unit of Kennedy-Wilson Inc. (NASDAQ:KWIC) has served as property...

August 30, 1999 NEWPORT BEACH, Calif. – Pacific Gulf Properties Inc. (NYSE:PAG) paid $3.1 million for a 68,000-square-foot distribution facility in Tempe, Ariz.As part of the purchase, Pacific Gulf, a REIT that owns industrial properties, also took over...

August 27, 1999 SAN DIEGO – Comps.com (NASDAQ:CDOT), an online commercial real estate information service, said it has hired Gary Goss as western regional sales manager for its commercial real estate financing program.Goss was formerly executive director of...

August 27, 1999 VALENCIA, Calif.– Newhall Land and Farming Co. (NYSE:NHL) said it formed a joint venture with a unit of Kaufman and Broad Home Corp. (NYSE:KBH) that will develop City Ranch, a master-planned community in North Los...

August 27, 1999 N. MIAMI BEACH, Fla. – Equity One, Inc. (NYSE: EQY) has completed its $32.5 million acquisition of Pine Island Plaza and Ridge Plaza Shopping Centers, in Davie, Florida.The two shopping centers, which are adjacent to...