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...

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 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...