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 20, 1999 NEW YORK (AP) – Treasury bond prices were lower at midday. The price of the Treasury's main 30-year bond was down 13/32 point, or $4.06 1/4 per $1,000 in face value, around midday, while its...

July 20, 1999 CHATTANOOGA, Tenn. – CBL & Associates Properties, Inc. (NYSE:CBL) sold four assets, including two department stores and two free-standing properties, for approximately $30 million.The sale includes a store currently leased by Dillard's at Hamilton Place...

July 20, 1999TORONTO –RioCan Real Estate Investment Trust (TSE:REI.UN.) increased its monthly distribution to 8.75 cents per unit, payable Aug. 6 to unitholders of record July 31.RioCan's policy is to adjust its monthly distributions at the end of...

July 20, 1999 THOUSAND OAKS, Calif. – Two Los Angeles-based developers start construction this month on the $50 million Conejo Spectrum, which is rising on a 100-acre site formerly occupied by Northrop Grumman. The park is located in...

July 20, 1999NEWARK, N.J.– Prudential Insurance Co. of America said it has agreed to sell three office buildings in Newark's Gateway office complex to a venture involving Morgan Stanley Real Estate Funds, Gale & Wentworth, Tishman Speyer and...

July 20, 1999PHILADELPHIA (AP) – Three architectural firms have been hired to begin schematic drawings to expand the Pennsylvania Convention Center's 1.3-million-square foot facility. The Vitetta Group of Philadelphia and the Atlanta-based Thompson, Ventulet & Stainback signed on...

July 20, 1999 JACKSON, Miss. – EastGroup Properties (NYSE: EGP) said it paid $7.4 million for the Yosemite Distribution Center (102,000 square feet) in Milpitas, Calif., and $4.8 million for the Interstate Commons Distribution Center (136,000 square feet)...

July 20, 1999 Enron near deal to rescue convention center hotel projectHouston Business Journal, July 20HOUSTON—Enron Corp. is very close to signing a deal with Crescent Real Estate Equities Inc. that could financially rescue the long-delayed convention center...

July 20, 1999 CHARLOTTE, N.C. -- Boddie-Noell Properties, Inc. (Amex: BNP), a Charlotte-based real estate investment trust, declared a regular quarterly dividend of $0.31 a share, to be paid Aug. 17 to shareholders of record as of Aug....

July 20, 1999Developers seek rezoning for Winston-Salem area shopping center The Winston-Salem Journal, July 20WINSTON-SALEM -- Azur U.S. Inc. and Kelley Properties Inc. are asking the City-County Planning Board to rezone 50 acres along Hanes Mill Road to...

July 20, 1999Mayor vows support for Turnpike offrampThe Boston Globe, July 20BOSTON – City officials are looking at options for a new Massachusetts Turnpike offramp to connect the city's Back Bay hotels with South Boston waterfront development now...

July 20, 1999 DENVER (AP) – Former Denver Broncos quarterback John Elway has joined the well-known real estate investor Donald Sturm and two other partners in an effort to buy the Denver Nuggets, the Colorado Avalanche and their...

July 20, 1999Ringling building may get classyThe Sarasota Herald-Tribune, July 20SARASOTA, Fla. – The owner of an historical building built in 1926 in downtown Sarasota by Charles Ringling, of the Ringling circus family, is looking for upscale tenants...