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...

August 27, 1999 NORTH MIAMI BEACH, Fla. – Equity One Inc. (NYSE: EQY) completed its $32.5 million purchase of Pine Island Plaza and Ridge Plaza Shopping Centers, in Davie, Fla.The two shopping centers total 410,000 square feet, are...

August 27, 1999 Superior Marketplace adding storesBoulder Daily Camera, August 27BOULDER, Colo. – The Superior Marketplace, which at present consists primarily of a Costco store, will add a Super Target, PetsMart and Office Max to its roster. The...

August 27, 1999 NEW YORK – Cornerstone Properties Inc. (NYSE:CPP) said it sold Charlotte Plaza to a public pension fund for $89 million, or $145/sf.The 17-year-old office building sits in the central business district of Charlotte. It contains...

August 27, 1999 By Associated PressMONTROSE, Colo. (AP) - Members of Colorado's congressional delegation blasted a developer Wednesday for offering land in the Gunnison National Monument for nearly four times the appraised value. Two of three 40-acre parcels...

August 27, 1999 DALLAS – A recently formed investment firm that is backed by European investors is planning to buy $75 million of properties in the Dallas, Atlanta, Washington, Houston and Tampa markets over the next two years.The...

August 27, 1999 By Associated PressST. CHARLES, Md. (AP) - A real estate development company accused of illegally filling wetlands while building a Charles County road will pay nearly $2 million to settle the criminal and civil cases...

August 27, 1999 HUNTINGDON VALLEY, Pa. – Immunicon Corp. has signed a seven-year lease with Woodmount Properties for a 17,000 square-foot facility in Phase 1 of Masons Mill Business Park.Immunicon currently occupies a smaller space in the contiguous...

August 27, 1999 By Associated PressOSLO, Norway (AP) - Norway's Supreme Court declared Friday it was legal to use such discriminatory statements as "foreigners unwanted" and "whites only" in real estate listings - a precedent that worries human...

August 27, 1999 DALLAS – Amresco Inc. (NASDAQ:AMMB) has hired Trammell Crow Co. (NYSE: TCC) to manage and lease a portfolio containing 2.9 million square feet of office space. The portfolio was recently acquired by one of Amresco's...

August 27, 1999 Halliburton sells leafy parcelHouston Chronicle, August 27HOUSTON – A real estate group has purchased a prime parcel of West Belt land that will be the cornerstone of a new major corporate office park called Oak...

August 27, 1999 CHICAGO – AMLI Residential Properties Trust (NYSE: AML) has purchased AMLI at Windward Park, a new 328-unit luxury apartment community in Alpharetta, Georgia.It is the second property purchased under a joint venture previously announced with...

August 27, 1999Industrial park gets OK from city councilDaytona Beach News-Journal, August 27DELAND, Fla.– Nuisance businesses will have a welcome place in Volusia County after an envisioned industrial park at the 255-acre Tomoka Landfill was approved, 4-3, by...

August 27, 1999 Brothers stake their claim to Gold's Gym The Washington Post, August 27WASHINGTON, D.C. – Just nine years ago, the young Galiani brothers brought a piece of California's Muscle Beach to the Washington area, opening a...

August 27, 1999 Conn. firm buys Shop City Syracuse Online, August 27SYRACUSE, N.Y. – Shop City, the 1950s-era shopping center straddling Syracuse and Salina, is now in new hands. Shop City Real Estate, a limited liability Connecticut partnership,...

August 27, 1999 Eaton's turning malls into 'giant liquidation outlet'The National Post, August 27TORONTO – Landlords of insolvent T. Eaton Co. Ltd. want an Ontario judge to stop a nation-wide fire sale of Eaton's merchandise because it is...