August 11, 1999 Oxford properties puts four malls up for saleGlobe and Mail, August 11TORONTO – Oxford Properties Group Inc. has put four shopping malls worth more than $100-million up for sale as it focuses on more lucrative...

August 11, 1999DVD company rents West LA warehouse for entertainment businesses VertiNews.com, August 11LOS ANGELES – DVD Express, an Internet-based seller of DVD discs, has leased a 66,000/SF warehouse in West Los Angeles. Formerly occupied by MGM/Turner Films,...

August 11, 1999 Waterfront rules easedChicago Sun Times, August 11CHICAGO – A major shift in the Metropolitan Water Reclamation District policy means shopping centers, hotels, light industry and offices could soon be developed on thousands of prime acres...

August 11, 1999 SAN DIEGO – Principal Commercial Acceptance LLC has provided $27.8 million of land financing backed by the 20-acre site of a proposed 1,200-unit apartment complex near San Diego.The fixed-rate financing was provided to Rio Vista...

August 11, 1999 NEW YORK – Starwood Financial Trust (AMEX:APT) reported funds from operations for the second-quarter ended June 30 of $25.8 million or 46 cents/share on a diluted basis from $21.1 million or 39 cents/share the same...

August 11, 1999 WILLIAMSVILLE, N.Y. – Sovran Self Storage Inc. (NYSE: SSS), a self-storage real estate investment trust, reported funds from operations for the second quarter ended June 30 of $9 million or 73 cents/share, compared to $8.3...

August 11, 1999 CHICAGO - Manulife, an insurance company headquartered in Toronto acquired a $90-million, 1.6 million-square-foot portfolio including 10 suburban Chicago industrial sites from Prime Group Realty Trust of Chicago, according to The Chicago Tribune today.The inability...

August 11, 1999 Alexandria, Va. (AP) - If you've been to the new Potomac Yard shopping center on a weekend afternoon, you already know how messy the traffic situation can be. Now comes word that it'll only get...

August 11, 1999 HOUSTON – Cigna Investment Management has provided $35 million of fixed-rate financing for One Riverway, a 480,000-square-foot office building in Houston.Cigna provided the financing through ING Investment Management, which was advised by L.J. Melody, the...

August 11, 1999 PORTLAND, Ore. (AP) – In just seven years, the Portland-Vancouver area could run out of enough land to host new industry, a shortfall that could end up costing the region as many as 94,000 jobs...

August 11, 1999By Brad Berton, VertiNews.com CorrespondentREDMOND, Wash. – CarrAmerica Realty (NYSE:CRE), a national real estate investment trust, is reaping the rewards of growth in the high-tech industry. The Puget Sound region's growing tech industry has helped fill...

August 11, 1999CHICAGO –Turner Construction Co. was awarded contract to build a $29.5 million, 37-story, rental apartment building in downtown Chicago, just north of the Loop.The 230-unit building, which will be located on 121 West Chestnut, will total...

August 10, 1999 LUTHERVILLE, Md. – Mid-Atlantic Realty Trust (NYSE:MRR) said its board declared a 26 cents/share common stock dividend payable Sept. 15 to holders of record Aug. 31.

August 10, 1999 PITTSBURGH (AP) - H-J Heinz Company says it wants to stay in Pittsburgh and officials hope they can seal a deal to expand its baby food and soup operation in the city's North Side. Heinz...

August 10, 1999 Chicago REIT plans retail center on prime siteHouston Business Journal, Aug. 10 HOUSTON – City Center Retail, a Chicago real estate investment trust has signed a long-term ground lease on a hotly pursued and pricey...

August 10, 1999 INDIANAPOLIS – Simon Property Group Inc. (NYSE:SPG) said it has negotiated a three-year extension of its $1.3 billion unsecured corporate facility, which now matures in August 2002.Simon said it received more than $1.7 billion of...

August 10, 1999 Developer to build, get tenant laterChicago Tribune, August 10, 1999CHICAGO – John Buck will proceed with construction of the Loop's first major office tower in almost a decade without an anchor tenant. "We are definitely...

August 10, 1999 INDIANAPOLIS – Simon Property Group Inc. (NYSE: SPG) said funds from operations for the second quarter ended June 30 rose to $134.4 million or 71 cents/share on a diluted basis from $73.9 million or 66...

August 10, 1999DALLAS – Trammell Crow Co. (NYSE:TCC) said net income for the second quarter ended June 30 dipped to $8.3 million or 23 cents/share from $10.9 million or 30 cents/share the same period last year. Revenue for...

August 10, 1999 HOUSTON – United Investors Realty Trust (NASDAQ:UIRT) set a quarterly dividend of 21.5 cents/share payable Oct. 21 to holders of record Oct. 7.United Investors Realty Trust owns 28 neighborhood and community shopping centers in Texas,...

August 10, 1999 COLUMBIA, S.C. – Edens & Avant said it launched E&A OnSite, a property search program that allows retailers to find potential sites at the developer's properties. E&A OnSite is accessible via Edens & Avant's website,...

August 10, 1999 CLEVELAND – First Union Real Estate Investments (NYSE:FUR) reported funds from operations for the second quarter ended June 30 of $4.1 million or 11 cents/share on a diluted basis compared to a restated loss from...

August 10, 1999 HOUSTON – L.J. Melody & Co. has lured three loan officers from Banc One Mortgage Capital Markets to staff a new office in Indianapolis.The firm hired Edward S. Chandler as senior vice president and Kendrick...

August 10, 1999NEW YORK – American Mortgage Acceptance Co. (AMEX:AMC) said it received Fannie Mae (NYSE:FNM) approval to write up to $250 million of DUS loans for apartment properties that qualify for low-income housing tax credits under section...

August 10, 1999 NEW YORK – Trinity Investment Trust LLC, Apollo Real Estate Advisors and Whitehall Street Real Estate LP IX have received $90 million of financing for the Kea Lani Hotel Suites and Villas in Wailea, Maui,...