July 22, 1999 PITTSBURGH (AP) – The owners of a historic wool company have a week to settle a deal that would let H.J. Heinz Co. take over its property or have the property taken for a food...

July 22, 1999 CRANFORD, N.J. – Mack-Cali Realty Corp. said it paid $32.2 million, or $190.50/sf, for a Washington, D.C., office building.The REIT purchased the building, 1201 Connecticut Ave., NW, from Value Enhancement Fund, an opportunistic investment fund...

July 22, 1999 DENVER - Commercial Assets Inc. (AMEX: CAX) reported funds from operations for the quarter ended June 30 of $1.2 million, or $0.11/share, compared with $1.2 million, or $0.11/share the year before.Net income was $734,000, or...

July 22, 1999 FARGO, N.D. (AP) – Fargo's Varistar Corporation says it plans to acquire the trucking operations of another company, the E-W Wylie Corporation. The purchase price has not been disclosed. Varistar says the real estate development...

July 21, 1999 SAN FRANCISCO – AMB Property Corp. (NYSE: AMB) said net income for the June 30 second quarter was $43.3 million, or $0.48 a share, compared with year-earlier net of $28 million, or $0.33 a share....

July 21, 1999Office tower gets new tenantThe Boca Raton News, July 21BOCA RATON, Fla. – A new office tower in Boca Raton's Mizner Park just landed its largest tenant. The Boca Raton branch of New York's Bear Stearns...

July 21, 1999 DEL MAR, Calif. – American Residential Investment Trust, Inc. (NYSE: INV) said it declared a second quarter dividend of $0.25 per share, up from $0.20 in the first quarter. The latest declaration is payable July...

July 21, 1999 Multiplex is planned for old UPS compound Daily News, July 21BROOKLYN, N.Y. – Brooklyn developer Forest City Ratner wants to build a 120,000-square-foot entertainment/retail center at the 9-acre former UPS site at Merrick Blvd. near...

July 21, 1999 BALTIMORE - Prime Retail Inc. declared a common stock dividend of $0.295 per share payabl Aug. 16 to shareholders of record Aug. 2. The REIT also declared dividends on its Series C cumulative redeemable preferred...

July 21, 1999 Belkin trumps Royal Host's bid for CHIP REITThe National Post, July 21TORONTO – A group headed by financier Stuart Belkin has made a $100-million bid to control Canadian Hotel Income Properties (CHIP) Real Estate Investment...

July 21, 1999 Zone to Get $100M ParkCrain's Detroit Business, July 21DETROIT – New York-based Ashley Capital is making plans for a $100 million industrial park that would be constructed in one of the city's renaissance zones. Paul...

July 21, 1999 CB Richard Ellis has won the assignment to provide facilities management services for BankBoston Corp. and Fleet Financial Corp., both of Boston, according to the Wall Street Journal.Although no value was placed on the assignment,...

July 21, 1999 NEWPORT BEACH, Calif. – Health Care Property Investors Inc. (NYSE: HCP) increased its common stock dividend to $0.70 per share from the $0.69/share paid in the previous quarter.The dividend is payable Aug. 20 to shareholders...

July 21, 1999EL SEGUNDO, Calif.– CB Richard Ellis (NYSE:CBG) said it expects to report earnings that are substantially lower than those expected by analysts. The company said it will post earnings of $0.16/share. That compares with $0.33/share that...

July 21, 1999 ALISO VIEJO, Calif. – BUY.COM, an Internet retailer, has leased 53,000 square feet in the Summit campus in Orange County, Calif. The five-year lease is valued at $8.2 million. Currently under construction, the project's 320,000/sf...

July 21, 1999 NEWPORT BEACH, Calif. -- Health Care Property Investors Inc. (NYSE:HCP) reported net income applicable to common shares of $15.6 million, or $0.49 per diluted share, in the second quarter, ended June 30, down from $16.5...

July 21, 1999Marriott to open Denver convention center hotelDenver Rocky Mountain News, July 21DENVER – Marriott International has signed a letter of intent to operate and invest in a 1,100-room, $200-million hotel on the former Denver Post site...

July 21, 1999DENVER – Commercial Assets Inc. (Amex: CAX) declared a regular second quarter dividend of 13 cents per share payable on Aug. 17, to tockholders of record on Aug. 3.

July 21, 1999 SANTA MONICA, Calif. – National Golf Properties (NYSE:TEE) said June 30 second quarter net income was $1.5 million, or $0.12 a share, compared with year-earlier net of $3.5 million, or $0.28 a share. Revenue rose...

July 21, 1999Cushman Realty Corp. has named Eric L. Olofson II senior vice president and managing director of the firm's West Los Angeles office.Olofson joined the firm's West Los Angeles office in 1991 and most recently played a...

July 21, 1999 DENVER – Asset Investors Corp. (NYSE: AIC) declared a second quarter dividend of $0.25 per share, payable Aug. 19 to holders of record Aug.5. Asset Investors is a Denver-based REIT that owns and manages manufactured...

July 21, 1999Construction to Resume on Health CenterFt. Worth Star Telegram, July 21 FORT WORTH – Work is expected to resume this week on the Tarrant County Hospital District's beleaguered center southwest health center, a JPS Health Network...

July 21, 1999 MALVERN, Pa. (VertiNews) – Liberty Property Trust will announce its second quarter earnings before the market closes on Monday, July 26. An analyst conference call will be held Tuesday, July 27 at 2 p.m. Eastern...

July 21, 1999 GLENVIEW, Ill. – Town officials yesterday approved the sale of a 13.5-acre parcel to Dominick's Finer Foods.The company plans to develop and anchor a retail center at the site. Dominick's is owned by Pleasanton, Calif.-based...

July 21, 1999 CUPERTINO, Calif. -- Mission West Properties, Inc. (AMEX/PCX: MSW) reported funds from operations of $14 million, or $0.17 per diluted common share, in the quarter ended June 30. Revenues totaled $20.8 million.Funds from operations for...