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...

July 21, 1999 NEW YORK – PNC Real Estate Finance has provided a $40 million line of credit to Corporate Property Associates 12, a REIT that specializes in the triple-net leasing of commercial and industrial real estate to...

July 21, 1999 DALLAS – Prentiss Properties Trust (NYSE: PP) said second quarter net income was $16.4 million, or $0.39 a share, compared with year-earlier net of $19.1 million, or $0.44 a share. Revenues rose to $73.9 million...

July 21, 1999Marriott built at Baltimore Inner HarborThe Baltimore Sun, July 21BALTIMORE – H&S Properties Development Co. has broken ground on a Courtyard by Marriott in the Inner Harbor area, the first major hotel project in downtown in...

July 21, 1999 CHICAGO – CenterPoint Properties Trust (NYSE: CNT) said second-quarter funds from operations rose to $0.72 per share from $0.63/share last year.Net income before special items dipped to $6.8 million or $0.36/share from $7.5 million, or...

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 20, 1999 Burnham Pacific calls off salesSan Francisco Business Times, July 20Citing only "recent events," San Diego-based Burnham Pacific Properties Inc. has elected not to acquire the final phase of its nearly $1 billion retail property deal...

July 20, 1999 Eaton's denies looking at bankruptcy protection The Ottawa Citizen, July 20TORONTO – T. Eaton Co. (ETN) denies it is considered bankruptcy as part of a plan to restructure itself and save its 64 retail stores...

July 20, 1999 HARTFORD – David J. Ingram, a former vice president in the real estate investment group of Aetna Inc., has joined Allegis Realty Investors LLC as senior vice president in its acquisition unit. Ingram reports to...

July 20, 1999 Carlyle buys part of EG&G San Antonio Express News, July 20SAN ANTONIO – EG&G Management Services of San Antonio Inc., the main contractor for the commercial redevelopment of Kelly AFB, is being sold to Washington,...

July 20, 1999MIAMI – Estoril Inc. said it has retained Insignia/ESG as the leasing agent of Espirito Santo Plaza, a 700,000-square-foot office building that is being built in Miami.The building's anchor tenant will be Espirito Santo Bank, which...

July 20, 1999 Bouchard's Sportswear considering 3rd storeMilwaukee Journal Sentinel, July 20MILWAUKEE – Bouchard's Sportswear is considering the development of a new store in the 2600 block of W. State St. - a central city neighborhood that has...

July 20, 1999 BALA CYNWYD, Pa. – Corporate Office Properties Trust (NYSE:OFC) has acquired two suburban properties in the Princeton, N.J. On June 24, the company acquired Princeton Executive Center, a 61,330 square foot suburban office property located...

July 20, 1999 WHITE PLAINS, N.Y. – Starwood Hotels and Resorts Worldwide Inc. has agreed to buy Vistana, a developer and operator of vacation time-share resorts for $19/share, or $405 million.Vistana, an Orlando, Fla., -based company, Vistana had...

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...