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...

July 19, 1999 By Michael White, AP Business WriterLOS ANGELES (AP) – Mills Corp. is targeting California and Europe in an ambitious plan that seeks to dot the landscape of two continents with entertainment-oriented shopping centers. Best known...

July 19, 1999 SAN BRUNO, Calif. -- Virtuallender.com, Inc. (OTC BB:VLDC), an online mortgage lender, said it soon will include commercial loan programs on its website (www.virtuallender.com).Virtuallender.com said the focus product will be a program for commercial loans...

July 19, 1999ROCKY MOUNT, N.C. (AP) – QVC, the cable television shopping channel plans to build a distribution center in Edgecombe County that will generate 800 new jobs.QVC says the $70 million center will be its fourth in...

July 19, 1999 CLEVELAND -- First Union Real Estate Investments (NYSE:FUR) said it agreed to sell six of its southwest regional malls to a joint venture of Whitehall Street Real Estate LP XI, a real estate fund sponsored...

July 19, 1999 SAN FRANCISCO – BancBoston Robertson Stephens said its senior real estate analysts, Jay P. Leupp and Robert L. Levy, are predicting a stable environment and strong performance for the commercial real estate industry's second quarter...

July 19, 1999 NEW YORK--New Plan Excel Realty Trust, Inc. (NYSE:NXL) announced two note issues totaling $175 million.The first consists of $150 million of unsecured, 10-year fixed rate notes with a coupon of 7.4%. Underwriters are Salomon Smith...

July 19, 1999 CLEVELAND -- Duke-Weeks Realty Corp. said that it expanded its Cleveland area holdings with the addition last week of a 248-acre Emerald Valley industrial park property. Located outside the Village of Glenwillow, near Cleveland, the...

July 19, 1999JACKSONVILLE, Fla.– The St. Joe Co. (NYSE:JOE) said the Walton County, Florida, Board of County Commissioners approved the first phase of St. Joe's proposed resort and residential community, WaterColor, located on the Gulf of Mexico in...

July 19, 1999 INDIANAPOLIS – Duke-Weeks Realty Corp. said it has started building a speculative office building in eastern Tampa and a distribution facility in Orlando, Fla.The office building, Highland Oaks II will contain 125,000 square feet. It...

July 19, 1999 WASHINGTON -- CarrAmerica Realty Corp. (NYSE: CRE) said it will release second quarter earnings on Friday, Aug. 6, prior to market opening. CarrAmerica will conduct a conference call to discuss the second quarter the same...

July 19, 1999Fidelity Bond & Mortgage files for Chapter 11Philadelphia Business Journal, July 19BLUE BELL, Pa. – A mortgage banking operation that Republic First Bancorp Inc. bought into in May 1998 and wrote off as a loss within...

July 19, 1999 DENVER – Archstone Communities (NYSE: ASN) said it has completed its $100 million share repurchase program.The company repurchased 5.04 million of its common shares at an average price of $19.78 per share. Archstone has 139.21...

July 19, 1999 Huge one-story office site proposedTriangle Business Journal, July 19DURHAM – Hamilton Merritt Co. has started construction on a 120,000-square-foot office building that will be the largest single-story office building- ever built in the Research Triangle...

July 19, 1999HINGHAM, Mass. – Occupational Health & Retirement Inc. announced today that it has acquired the Logan International Health Center from the East Boston Neighborhood Health Center Corp. "The center is an outpatient service, and the beauty...

July 19, 1999 Siemens, Navistar plan S.C. plantThe Detroit News, July 17AUBURN HILLS, Mich. – Siemens Automotive will team with truck manufacturer Navistar International to build a $100-million plant in Richland County, S.C., that will employ up to...

July 19, 1999 Booming builders: Broccolini construction is on track for first $100-million yearMontreal Gazette, July 19 MONTREAL – Fifty years being founded by Italian immigrant who began building cottages around Montreal, Broccolini Construction is on pace to...

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 16, 1999 CHICAGO – Equity Office Properties Trust (NYSE: EOP) said it paid Holder Properties Inc. $70.8 million for Prominence in Buckhead, an office building in Atlanta.Equity Office, which is controlled by financier Sam Zell, had agreed...

July 16, 1999 NEW YORK (AP) – Treasury bond prices were higher at midday. The price of the Treasury's main 30-year bond was up 3/8 point, or $3.75 per $1,000 in face value, around midday, while its yield...

July 16, 1999 Seagarden Inn Sold to Alabama NativeThe News-Journal, July 16DAYTONA BEACH SHORES, Fla.-Two long-time area hotel investors have sold the 144-room Seagarden Inn. The hotel at 3161 S. Atlantic Avenue sold for $4.7 million to Springfield...