August 19, 1999 Arena negotiations close to endSan Antonio Express News, August 19SAN ANTONIO, Texas – County officials and the San Antonio Spurs said Wednesday they were close to nailing a final agreement to build a tax-financed $175...
August 19, 1999 Pan Pacific Retail Properties (NYSE:PNP) has raised $56.3 million of fixed-rate financing that it used to pay down its line of credit.The San Diego REIT raised the financing through L.J. Melody & Co., a unit...
August 19, 1999SAN FRANCISCO – Finova Realty Capital arranged more than $36 million of financing for two Northern California developments.The firm arranged a $12.3 million bridge loan for the acquisition of 74 New Montgomery, a 109,000-square-foot office building...
August 19, 1999Is Amresco in talks to be acquired by Lend Lease Corp. of Australia? It's no secret that Amresco (NASDAQ:AMMB) , a Dallas real estate company, has been in talks with a prospective buyer. Indeed, last month,...
August 19, 1999 SAN FRANCISCO – A venture between CB Richard Ellis (NYSE:CBG) and Apollo Real Estate Advisors that specializes in buying and cleaning up environmenally contaminated real estate bought a 925,000-square-foot industrial facility in the Philadelphia suburbs.The...
August 19, 1999World Trade Center for saleNew York Daily News, August 19NEW YORK – The World Trade Center, a world-renowned symbol of the Big Apple, was put on the block yesterday and could fetch more than $1.5 billion....
August 19, 1999 NORTHBROOK, Ill. – USI Insurance Services Corp., a San Francisco property and casualty insurance broker, has retained Grubb & Ellis Co. (NYSE:GBE) as its exclusive commercial real estate services provider.In a quid pro quo, Grubb...
August 19, 1999Builders get financed for port hotel, condoTampa Tribune August 19TAMPA – Royal Crest Corp. has commitments for construction loans of up to $138.9 million for the proposed Charlton Seaport Center Suite Hotel. The hotel will have...
August 19, 1999 'Chip in for chip plant'National Post, August 19TORONTO – Several Canadian cities vying to become home to Canada's first major silicon chip plant have been told they're out of luck unless their provincial governments relax...
August 19, 1999 COLUMBUS, Ohio – AMI Capital Inc., a commercial mortgage lender, has hired former KeyBank executive Thomas Lusk to head its newly opened Columbus office.In his new post as managing director, Lusk will oversee the office's...
August 19, 1999 CHICAGO – First Industrial Realty Trust Inc. (NYSE: FR) has promoted Robert H. Muir to executive vice president of the REIT's development group, from senior vice president.In his new post, Muir will oversee all aspects...
August 19, 1999 JACKSON, Miss., Aug. 19 /PRNewswire/ -- Parkway Properties Inc. (NYSE: PKY) said it will take a one-time charge of $450,000, or 4.5 cents/share, against third-quarter earnings for expenses associated with an unsuccesful merger.Parkway had been...
August 19, 1999 Regional leaders give go-ahead to $7 billion in transportation workThe Virginian-Pilot, August 19HAMPTON ROADS, Va. – Regional leaders on Wednesday endorsed a $7.4 billion package of road and transit improvements that could shape travel around...
August 19, 1999Safeway anchors $12 Mln center in Arizona DevelopmentArizona Republic, Aug. 19ANTHEM, Ariz. – The Pederson Group of Phoenix unveiled plans this week for a $12 million shopping center called Anthem Marketplace anchored by a Safeway store....
August 18, 1999 SAN DIEGO – Tri-National Development Corp. (OTC:TNAV) said its Alpine Gardens East Inc. subsidiary bought an option to acquire a 22-acre parcel of land in Temecula, Calif., on which it plans to develop a senior...
August 18, 1999 LOS ANGELES – Ralphs Grocery Co. has signed a 15-year lease to occupy a 622,000-square-foot distribution center in Stockton, Calif., that is owned by Catellus Development Corp. (NYSE:CDX). The lease is valued at more than...
August 18, 1999 By Morris Newman, VertiNews.com CorrespondentFONTANA, Calif. – Adaya Asset Corp. has started construction on the Jasmine Distribution Center, a $21.5 million, 650,790-square-foot business park in this former steel town east of Los Angeles.The 32-acre site...
August 18, 1999 Scrutiny of developer grows as vote nears on Scottsdale projectsThe Arizona Republic, Aug. 18SCOTTSDALE, Ariz. – Attention has focused on Excel Legacy Corp. of San Diego, Calif. in anticipation of a September 7 election that...
August 18, 1999 21 acres is battlefield for ownershipChicago Tribune, August 18, 1999CHICAGO – The several-year fight over the Old Moose Lodge property, 21 wooded acres in Addison, which has been between developers, residents and politicians became more...
August 18, 1999 VAIL, Colo. (AP) - Vail Resorts Development Co. wants Eagle County to extend its special-use permit to allow the construction of two golf courses, not one, in Wolcott. The company received a permit in October...
August 18, 1999 CHICAGO – Duff & Phelps Credit Rating Co. has upgraded the ratings on two classes of bonds in 1211 Finance Corp. The issue's Class-A certificates, which have a blaance of $130.2 million, which were rated...
August 18, 1999 CHICAGO – A joint venture between Strategic Hotel Capital Inc. and an affiliate of the Government of Singapore has made its first purchase: The Hotel Inter-Continental Praha in the Czech Republic.Strategic did not disclose a...
August 18, 1999 NEW YORK – Time Warner Entertainment's Home Box Office division has signed a 20-year lease extension for all the office space at 1100 Avenue of the Americas in a deal valued at $250 million.HBO, which...
August 18, 1999Stadium funding issue for Phillies misses another deadlineThe Philadelphia Daily News, August 18 PHILADELPHIA - Delay after delay has plagued the Philadelphia Phillies and their quest for a new stadium. City officials are now expressing doubt...
August 18, 1999Incentive proposals to Tropicana echo one anotherSarasota Herald Tribune August 18BRADENTON, Fla.– The city of Bradenton and Manatee County are scrambling to entice Tropicana Products to open its new headquarters in their respective sites. Tropicana will...
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