NEW YORK CITY-The dividend is equivalent to an annualized distribution of $1.55 per common share. Series A preferred earned $2.00 per share on an annualized basis.

NEW YORK CITY-Since it was sold in 1996, the price of the office building at 45 West 45th St. has risen more than 125% and rents have more than doubled.

NEW YORK CITY-During his tenure at GE Capital Europe, net profits grew from $50 million to more than $800 million. Peter Munk will continue as chairman, Gregory Wilkins as president and COO.

NEW YORK CITY-TIAA-CREF paid about $70 million for the property more 20 years ago and sold it for $375 million. Leases for three-quarters of the tenants will expire within five years.

NEW YORK CITY-Investors have different approaches on how to prosper. Some will stick with class A properties; others will shift their focus from suburban office space to apartment buildings.

ATLANTA-The soft drink bottler's facility, to be erected to two phases, will take up 82,881 sf. ProLogis, which owns or manages 1,662 distribution centers in North America and Europe, will build the center.

NEW YORK CITY-The survey also found that most firms plan on taking advantage of the REIT Modernization Act, which liberalizes the kind of services that they can provide to tenants.

NEW YORK CITY-The acquisition adds 16 brokers to C&W's roster, tripling the size of its Los Angeles South office.