August 5, 1999By Morris Newman, VertiNews.com CorrespondentWESTLAKE VILLAGE, Calif. – A pair of West Coast developers have started construction on the $50-million, 327,474-square-foot Westlake North Business Park in this city on the Los Angeles-Ventura County border. The 18-acre...

August 5, 1999 CRANFORD, N.J. – Mack-Cali Realty Corp. (NYSE: CLI) said funds from operations for the second quarter ended June 30 rose to $60.7 million or 82 cents/share on a diluted basis from $54.2 million or 76...

August 5, 1999 Job growth slows but remains strongDallas Morning News, August 5DALLAS – A slowdown in second-quarter job growth hasn't knocked Dallas-Fort Worth off the list of the nation's top employment centers. For the 12 months ended...

August 4, 1999New Times Square restaurant planned New York Daily News, August 4NEW YORK – Joe Franklin, the schmaltzy talk show host and celebrity nostalgia guru, is taking his walk down Memory Lane — to Times Square. Franklin,...

August 4, 1999Growth-control plan's foes seek ordinary givers' help in Suffolk The Virginian-Pilot, August 4SUFFOLK – Opponents of the city's growth-control plan are turning from deep-pocketed developers and landowners to ordinary residents to pay for their next battle....

August 4, 1999 DALLAS – Wyndham International Inc. (NYSE:WYN) has added the post of chairman to James D. Carreker, its current chief executive.Carreker, 52, was named chief executive last February when Wyndham said it would merge with Patriot...

August 4, 1999 Region's bid for $2-Bln chip plant still strongOttawa Citizen, August 4OTTAWA – Ottawa and Montreal are emerging as leaders in the quest to attract a $2-billion chip-fabricating plant to be built by a giant Taiwanese...

August 4, 1999 NEWPORT BEACH, Calif. – First Golf Corp., a unit of CEC Properties Inc. (OTC: CECI) said it was awarded an $11 million contract to develop and construct two 18-hole courses in the Pueblo of Pojoaque,...

August 4, 1999 SAN DIEGO – Burnham Pacific Properties Inc. (NYSE: BPP) said its venture with the California Public Employees' Retirement System completed its $246 million acquisition of 12 retail centers from AMB Property Corp.The properties, encompassing 2...

August 4, 1999Equity simplifies office leasesChicago Sun-Times, August 4 CHICAGO – Equity Office Properties Trust has introduced a simplified lease that cuts out legalese and concedes certain points of contention. Click Here to View Full StoryCourt bursts former...

August 4, 1999CLEVELAND – First Union Real Estate Investments (NYSE:FUR) said it completed the $24.8 million sale of the Fairgrounds Square Mall in Reading, Pa., to GP Properties LP, an affiliate of Jager Management Inc. of New Jersey.Separately,...

August 4, 1999King Soopers to anchor Brighton mallDenver Rocky Mountain News, August 4DENVER – The new, $14.5-million Palizzi Marketplace in Brighton, a Denver suburb, will be anchored by a King Soopers grocery, according to Denver developer Jim Sullivan....

August 4, 1999 SAN FRANCISCO – AMB Property Corp. (NYSE: AMB) said it plans to funnel the proceeds of its recently completed sale to BBP Retail into distribution centers near large airports and major transportation centers.BPP Retail, a...

August 4, 1999 DALLAS – Seattle has begun to lag the nation when it comes to growth in apartment rental rates, according to Axiometrics Inc., a Dallas research firmThe city's average rental rate grew an anemic 2 percent...

August 4, 1999 NEW YORK – SL Green Realty Corp. said funds from operations for the second quarter ended June 30 rose to $15.8 million or 59 cents/share from $9.6 million or 46 cents/share for the same period...

August 4, 1999 Atlanta ranks among the top most active office construction markets in U.S.Atlanta Journal-Constitution, August 4ATLANTA – According to a 44-city midyear report by Oncor International, demand for office space is stronger in metro Atlanta than...

August 4, 1999 CARY, N.C. – Konover Property Trust Inc. (NYSE: KPT) said funds from operations for the second quarter ended June 30 was $9.3 million, or 27 cents/share, versus $5.4 million or 31 cents/share the same period...

August 4, 1999DALLAS (AP) – Elvis left the building a long time ago and now it appears that the building that once housed the Velvet E, a tacky shrine to the late entertainer, may be leaving as well....

August 4, 1999 SANTA MONICA, Calif. – National Golf Properties Inc. (NYSE:TEE) said it lined up a $200 million revolving credit facility and a $100 million five-year term loan that is unsecured, from a group of lenders that...

August 4, 1999Delaware, Ohio(AP)- With Columbus City Council wavering on its commitment to a tax-increment plan for the Polaris area, Delaware County Auditor David Yost has stopped sending the city real estate taxes generated by the plan. He's...

August 4, 1999 CHICAGO – General Growth Properties Inc.(NYSE: GGP) said funds from operations for the second quarter ended June 30 rose to $40.4 million or 94 cents/share from $28.4 million or 79 cents/share the same period last...

August 4, 1999 Texas Health chain files for bankruptcyDallas Morning News, Aug. 4DALLAS – Texas Health Enterprises, the state's second largest nursing home chain, filed forfederal bankruptcy protection Tuesday, blaming its woes on inadequate government reimbursements and an...

August 3, 1999A.C. tunnel project clears legal hurdleThe Philadelphia Inquirer, June 3 TRENTON – The New Jersey state Supreme Court rebuffed Donald Trump's latest bid to block a tunnel leading to an Atlantic City casino envisioned by arch-rival...

August 3, 1999 CRANFORD, N.J. – Mack-Cali Realty Corp. (NYSE: CLI) has converted $185.3 million of mortgages into unsecured debt, which it placed with Teachers Insurance and Annuity Association.The company used the proceeds to retire an equal amount...

August 3, 1999Wilmorite adds speedy Internet link as it repositions the downtown propertyRochester Democrat and Chronicle, August 3ROCHESTER, N.Y. – Wilmorite Inc., the commercial real estate developer that owns Rochester's four largest shopping malls, is recasting the former...