July 22, 1999 SEATTLE (AP) – In an interview with CNNfn anchor Beverly Schuch, Chuck Barbo, co-founder and CEO of Shurgard Storage Centers talks about the evolution of his company. The following is an edited transcript of the...

July 22, 1999VALENCIA, Calif. – The Newhall Land and Farming Co. (NYSE:NHL) reported a sharp decline in second-quarter earnings, to $12.7 million, or $0.40 per share, compared with $45.7 million, or $1.31/share the year before.The drop in earnings...

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 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...