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...

July 20, 1999 PHILADELPHIA (AP) – If you think the No. 1 tourist spot in Philadelphia is the Liberty Bell, think again. The Franklin Mills discount outlet mall in Northeast Philadelphia drew more tourists last year than the...

July 20, 1999 BlackRock Financial, a unit of PNC Financial of Pittsburgh, was identified as the investor that has agreed to inject up to $200 million of equity into Criimi Mae, according to Commercial Mortgage AlertCriimi, a Rockville,...

July 20, 1999 SAN MATEO, Calif. – Bay View Capital Corp. (Nasdaq: BVC) has made an SEC filing for the resale of 2.8 million of its common shares that will be issued to FMAX Holdings LLC, as payment...

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 19, 1999 For Thompson Street, a new boutique hotel New York Times, July 18NEW YORK – Another boutique hotel is rising — the $25 million, 12-story hostelry called 60 Thompson, named after its address between Spring and...

July 19, 1999 LAFAYETTE, Calif. -- Bedford Property Investors, Inc. (NYSE: BED) announced five new acquisitions. In Arizona, the Company purchased two properties: --On June 4, 1999, a new single story, 57,913 square foot back office building was...

July 19, 1999 CHICAGO—First Industrial Realty Trust, Inc. (NYSE: FR) said it won two major contracts for build-to-suit development projects. Combined, the projects total 1.3 million square feet, representing a total investment of $33.3 million. The companies that...

July 19, 1999 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE: BED) reported second-quarter net income before gains from sales and an extraordinary item of $8.6 million, or $0.70/share, compared to $7.9 million or $0.35/share the prior year.Rental...

July 19, 1999 RREEF Funds buys $80 Mln portfolio in L.A. areaLos Angeles Business Journal, July 19LOS ANGELES – San Francisco-based RREEF Funds has purchased a portfolio of 1.3 million square feet in 48 buildings on behalf of...

July 19, 1999Dan Gorczycki, who handled property sales and mortgage placements at Landauer Associates has taken a job with Dallas-based Holliday, Fenoglio & Fowler, a subsidiary of Amresco. He begins as director of new loan production at Holliday's...

July 19, 1999 BIRMINGHAM, Ala. -- Colonial Properties Trust said its funds from operations (FFO) for the quarter ended June 30 rose to $0.77 per share from $0.71 per share. First half FFO per share rose to $1.50...