July 22, 1999 NORTHBROOK, Ill. – SPG Partners has sold the Rayovac world headquarters office building in Madison, Wisc., to American Real Estate Holdings.Terms of the transaction, which was handled by Grubb & Ellis, were not disclosed.

July 22, 1999 NEW YORK – Standard & Poor's Corp. affirmed the triple-B-plus corporate credit rating of Duke-Weeks Realty Corp. as well as the ratings on Duke Realty L.P.At the same time, Standard & Poor's raised its ratings...

July 22, 1999 DENVER – Apartment Investment and Management Co. (NYSE: AIV)declared a $0.625 per share dividend payable Aug. 13 to shareholders of record Aug. 6.

July 22, 1999 MENLO PARK, Calif. – Spieker Properties Inc. (NYSE: SPK) said it has pre-leased 88% of the Roseville Corporate Center, a 105,000-square-foot office building it is constructing.Recent leases include an 11-year, 39,000/sf deal with Prudential Insurance...

July 22, 1999 SAN FRANCISCO – First Industrial Realty Trust Inc. (NYSE: FR) is now providing an online, real-time webcast of its second quarter fiscal year 1999 earnings release conference call.The call is available starting at 11 a.m....

July 22, 1999 SOUTHFIELD, Mich. – Ramco-Gershenson Properties Trust (NYSE: RPT) reported diluted funds from operations for the second-quarter ended June 30 of $6.9 million, or $0.57/share from $5.8 million, or $0.55/share.However, net income for the latest quarter...

July 22, 1999 DENVER – Apartment Investment and Management Co. (NYSE: AIV) reported an increase in second-quarter funds from operations to $78.1 million, or $1.01/share from $44.6 million or $0.83/share.The REIT said that adjusted FFO, which it called...

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 22, 1999 Retail ventures are rising in East Bronx New York Times, July 22BRONX, N.Y. – In the eastern reaches of the Bronx, the healthy commercial leasing market is giving rise to new development ventures at two...

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...