July 28, 1999 Midwest Express plans expansionMilwaukee Journal Sentinel, July 27MILWAUKEE – Midwest Express Holdings Inc. plans to add a 55,000-square-foot training facility to its headquarters building on S. Howell Ave. During an announcement Thursday, Midwest express officials...

July 28, 1999 HOUSTON – Weingarten Realty Investors (NYSE: WRI) said it is negotiating the sale of certain property which should result in proceeds of close to $59 million.The REIT said it was selling an 80% interest in...

July 28, 1999 VertiNews.com Special Reportby Paul Gereffi, VertiNews.com CorrespondentPOMPANO BEACH, Fla.– With undeveloped commercial sites shrinking in Broward County like puddles in the sun, Premier Commercial Realty of Pompano thinks it got a bargain when it bought...

July 28, 1999 BOSTON – Boston Properties Inc. (NYSE: BXP) said funds from operations for the second quarter ended June 30 rose to $48.7 million, or $0.72 per share on a diluted basis, from $38.9 million, or $0.63...

July 28, 1999 DENVER – Apartment Investment and Management Co. (NYSE: AIV, AIVPrK) (AIMCO) declared a dividend of $0.50 per share on its publicly-traded 8 percent Class K Convertible Cumulative Preferred Stock. The dividend is payable on August...

July 28, 1999 ATLANTA – IRT Property Co. (NYSE: IRT) declared a 23.5 cents/share dividend, payable Sept. 1 to shareholders of record Aug. 13.

July 28, 1999DENVER – Archstone Communities (NYSE: ASN) said funds from operations (FFO) increased to $70.9 million ($0.49 per share) for the second quarter ending June 30, compared with $44.5 million ($0.44 per share) for the same period...

July 28, 1999 PALM BEACH, Fla. – Innkeepers USA Trust (NYSE: KPA) reported funds from operations (FFO) rose to $21 million ($0.45 per share) in the second quarter, up from $19 million ($0.45 per share) a year ago....

July 28, 1999 SAN FRANCISCO– TriNet Corporate Realty Trust Inc. (NYSE:TRI) said funds from operations for the second quarter ended June 30 rose to $24.6 million or 94 cents a share on a diluted basis, from $21.8 million...

July 28, 1999 ATLANTA – IRT Property Co. (NYSE: IRT) said funds from operations (FFO) for the second quarter ending June 30 increased to $10.5 million (29 cents/share), compared to $9.7 million (28 cents/share) for the same period...

SAN MATEO, Calif. – Glenborough Realty Trust Inc. (NYSE:GLB) said funds from operations for the second quarter ended June 30 rose to $21.8 million or 61 cents/share, on a diluted basis, from $19.4 million or 56 cents/share.Net income...

July 28, 1999SAN FRANCISCO– TriNet Corporate Realty Trust Inc. (NYSE:TRI) said it realized a $1.3 million pre-tax profit when it sold the Olympus America headquarters on Long Island to HRPT Properties Trust (NYSE:HRP).TriNet had acquired the 270,000-square-foot property...

July 28, 1999 WASHINGTON,D.C. – MeriStar Hotels & Resorts (NYSE: MMH)said it has been named to manage the Dallas/Park Cities Hilton Hotel, which is under construction.The 224-room hotel is located at 5954 Luther Lane at the intersection of...

July 28, 1999 FT. WORTH, Texas – Crescent Operating Inc. (Nasdaq:COPI), an affiliate of Crescent Real Estate Equities Co. (NYSE: CEI), has agreed to sell its equity interests in American Airlines Center, the new Dallas sports arena development,...

July 28, 1999 HOUSTON – United Investors Realty Trust (Nasdaq:UIRT) has completed construction of its 56,000-square-foot Lake St. Charles Shopping Center in Tampa. In addition, United Investors said it bought the Spring Shadows Albertson's Center in Houston.The Lake...

July 28, 1999SCOTTSDALE, Ariz. – Franchise Finance Corp. of America (NYSE: FFA), provided $15 million of financing to fund Miltenberger Oil Co.'s purchase of 13 convenience stores/gasoline outlets, two truck stops and other assets from Jump Oil &...

July 28, 1999 By Alice Ann LoveAssociated Press Writer WASHINGTON (AP) – Federal Reserve Chairman Alan Greenspan said today that Congress "probably would be better off" delaying a tax cut. He noted the uncertainty of projecting future government...

July 28, 1999 NEW YORK – Glimcher Realty Trust (NYSE:GRT) said it has lined up 165 tenants for its Jersey Gardens mall in Elizabeth, N.J.About 90 percent of the 1.3 million-square-foot mall is now leased. Major retail tenants...

July 27, 1999McLEAN, Va., – Capital Automotive (Nasdaq: CARS), a finance company for automotive retail real estate, said funds from operations (FFO) for the second quarter ending June 30 rose to $10.3 million ($0.36 per basic and diluted...

July 27, 1999 NEWTON, Mass. – Hospitality Properties Trust (NYSE:HPT) said funds from operations (FFO) for the second quarter ending June 30 rose to $47.9 million ($0.93 per share), up from $38.8 million ($0.92 per share) last year.Cash...

July 27, 1999 Rand Corp. thinking of locating in PittsburghThe Pittsburgh Post-Gazette, July 27PITTSBURGH – The California think tank Rand Corp. is looking for a third location, and the Steel City is at the top of its list.Click...

July 27, 1999 DETROIT (AP)- Several young black commercial developers hold major stakes in Detroit's development projects. The developers, in their 40s and younger, are participating in the city's more than $4.5-billion commercial real estate construction. Melvin (Butch)...

July 27, 1999 Denver's Children's Hospital may be movingDenver Post, July 27DENVER – Children's Hospital board of directors has approved a feasibility study of the costs of maintaining its current location vs. finding a new one. If a...

July 27, 1999 WASHINGTON – LaSalle Hotel Properties (NYSE: LHO) said funds from operations (FFO) rose to $12.5 million ($0.68 per diluted share/unit) for the second quarter ending June 30 versus pro forma FFO of $10.2 million ($0.56...

July 27, 1999 SAN FRANCISCO – TriNet Corporate Realty Trust Inc. (NYSE:TRI) said A. William Stein, the REIT's president and chief operating officer, has resigned his posts effective Aug.1Stein said he was unwilling to relocate to New York,...