VertiNews.comSM Special ReportThe U.S. Postal Service bought another chunk of land near the Philadelphia International Airport for a massive sorting facility.
August 3, 1999 CRANFORD, N.J. – Mack-Cali Realty Corp. (NYSE: CLI) has converted $185.3 million of mortgages into unsecured debt, which it placed with Teachers Insurance and Annuity Association.The company used the proceeds to retire an equal amount of "flipper," ...
August 2, 1999SPRING MOUNT, Pa. (AP) - The sale price for the seven-slope, 183-acre Spring Mountain Ski Area has dropped to $1.7 million, according to a Harleysville real estate agent who said he has seen a renewed interest in the ...
July 29, 1999 ROCHESTER, N.Y. – Home Properties (NYSE: HME) paid $32.3 million, or $39,200/unit for a portfolio of four communities, with a total of 825 units, in the suburbs of Philadelphia, Pa. The REIT said the portfolio will generate ...
VertiNews.com Special ReportAlmost one million-sf of properties in Harrisburg, Pa., is being put on the block. CB Richard Ellis is opening up a new office to oversee the sales.
July 27, 1999 Rand Corp. thinking of locating in PittsburghThe Pittsburgh Post-Gazette, July 27PITTSBURGH – The California think tank Rand Corp. is looking for a third location, and the Steel City is at the top of its list.Click Here to ...
HRPT Properties Trust bought two office buildings, in Syracuse, N.Y., and Wilmington, Del., from The Arden Group of Philadelphia for $32.3 million.
July 22, 1999 PITTSBURGH (AP) – The owners of a historic wool company have a week to settle a deal that would let H.J. Heinz Co. take over its property or have the property taken for a food warehouse. If ...
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 corporate tenants. ...
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 time.
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