August 9, 1999 MELVILLE, N.Y. – Reckson Associates Realty Corp. (NYSE: RA) said its $310 million sale of industrial properties and land to American Real Estate Investment Corp. and Matrix Development Group gives it a 16 percent internal...

August 9, 1999 LOS ANGELES – Westfield America Inc. (NYSE: WEA) said funds from operations for the second quarter ended June 30 rose to $42 million or 42 cents/share on a diluted basis from $32.2 million or 40...

August 9, 1999 ALHAMBRA, Calif. – CB Richard Ellis (NYSE:CBG) has agreed to offer its sales executives the option of marketing properties for sale through propertyfirst.com, an online multiple listing service.The Los Angeles real estate firm becomes propertyfirst.com's...

August 9, 1999 A foul matter near the North River CorridorChicago Sun Times, August 9CHICAGO – What's that smell? A foul odor in an industrial area has nearby business and residents pointing fingers. The offender may actually be...

August 9, 1999ST. LOUIS (AP) - It's been almost six months since crews imploded the old Arena while thousands watched the former home of the St. Louis Blues crash to the ground.Now, officials say cleaning up the site...

August 9, 1999 SF's Bristol Group Buys AEW Industrial PortfolioLos Angeles Business Journal, August 9SAN FRANCISCO – Bristol Group of San Francisco, Calif. is the expected buyer of a $151 million industrial portfolio owned by AEW Capital Management....

August 9, 1999 MART bumps up net income to $3.2 MlnThe Baltimore Business Journal, August 9BALTIMORE – Mid-Atlantic Realty Trust, developer of shopping centers in the Mid-Atlantic area, reported a 10 percent increase in net earnings to $3.2...

August 9, 1999 Debate swirls as city creates new tax zonesHouston Business Journal, August 9HOUSTON – The past three months have been a hectic race against the clock for the City of Houston. The Planning Department has crusaded...

August 9, 1999 At Lenox and 116th, co-ops and stores are risingNew York Times, August 8HARLEM, N.Y. – In central Harlem, 125th Street is the principal commercial thoroughfare as well as the main focus over the years of...

August 9, 1999 NEW YORK – Wellsford Real Properties Inc. (AMEX:WRP) said funds from operations for the second-quarter ended June 30 rose to $4.8 million or 23 cents/share on a diluted basis from $3.7 million or 17 cents/share...

August 9, 1999AmeraParts to open York plantThe Business Journal of 'Charlotte, August 9CHARLOTTE – AmeraParts International, an auto-parts recycler, has almost concluded an agreement to occupy a vacant textile plant near York, South Carolina where it would employ...

August 9, 1999 No way, voters say: 96 percent oppose amalgamationMontreal Gazette, August 9MONTREAL – Voters overwhelmingly turned down a proposal to amalgamate three small communities outside Montreal, a move that many felt would have opened the floodgates...

August 9, 1999 Brownfields development on the riseThe Philadelphia Inquirer, August 8 PHILADELPHIA – A record amount of former industrial sites in Pennsylvania and New Jersey are getting a good sniff these days.Click Here to View Full StoryFlyers...

August 6, 1999 NEW YORK (AP) – Treasury bond prices were lower at midday. The price of the Treasury's main 30-year bond was down 1 7/32 point, or $12.18 3/4 per $1,000 in face value, around midday, while...

August 6, 1999 JEANNINE AVERSA Associated Press Writer WASHINGTON (AP) - The nation's unemployment rate remained frozen in July at 4.3 percent, near a three-decade low, as manufacturing gained jobs for only the second time since early last...

August 6, 1999 MANHATTAN BEACH, Calif. – Center Trust Inc.(NYSE: CTA), reported funds from operations for the second quarter ended June 30 of $14.1 million or 37 cents/share compared to $11.7 million or 34 cents/share for the same...

August 6, 1999 SEATTLE – Shurgard Storage Centers Inc. (NYSE:SHU) reported funds from operations for the second quarter ended June 30 of $19.7 million or 68 cents/share, compared to $17.7 million or 62 cents/share for the same period...

August 6, 1999High-Tech set for Times SquareNew York Daily News, August 6NEW YORK – An Australian entertainment company that specializes in high-tech games is planning a bar, arcade and virtual reality ride for the heart of Times Square.Click...

August 6, 1999 PLYMOUTH MEETING, Pa. – American Real Estate Investment Corporation (Amex: REA) reported funds from operations for the second quarter ended June 30 of $7.3 million or 45 cents/share, compared to $3.4 million or 32 cents/share...

August 6, 1999 Grace Hospital slated for demolitionThe Ottawa Citizen, August 6OTTAWA – Ottawa will lose one of its grand old landmarks when the Salvation Army Grace Hospital is demolished next spring. The Wellington Street institution will be...

August 6, 1999Board rejects charter school Chicago Sun Times, August 6 CHICAGO – The Thomas Jefferson Charter School late Thursday night was rejected by the DuPage County Zoning Board of Appeals in its bid to open the school...

August 6, 1999Durham, Raleigh may get IMAX theaters The Winston Salem-Journal, August 6RALEIGH, N.C. – The Triangle could soon be home to two IMAX theaters. An IMAX Corp. official said Monday that the company has signed a deal...

August 6, 1999Cenit goes dot.comThe Virginian-Pilot, August 6NORFOLK, Va. – CENIT Bancorp Inc. has seen the future of finance and believes a big piece of it is online. The parent of thrift CENIT Bank plans to move in...

August 6, 1999 OAK BROOK, Ill. – Great Lakes REIT (NYSE: GL) said it has entered into an agreement with a major financial institution that caps the interest rate on $50 million of its bank line of credit...

August 6, 1999 WASHINGTON – CarrAmerica Realty Corp. (NYSE: CRE) said funds from operations for the second-quarter ended June 30 was $51.9 million or 70 cents/share on a diluted basis compared to $51.2 million or 65 cents/share for...