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5% to $984 over the prior year quarter result of $803 and was up 1.
Elsewhere, outlays for industrial construction, which had moved up over 1994 and the first half of 1995, have been nearly flat over the past few quarters, while construction of hotels and motels, which account for less than 10 percent of structures outlays, has boomed.
Thoben continued, "While expecting that our 2006 second half operating results will reflect noteworthy and measurable improvements, we also expect to use additional cash, at a diminishing rate, over the next few quarters.
Despite the increased vacancy rate, two new projects begun construction in the second quarter totaling 213,921 SF.
Three of the four segments, though, still have availability rates higher than the third quarter of 1998 - a legacy of the return of large blocks of space earlier this year.
During the fourth quarter of fiscal 2006, Vertical deferred $2.
Consolidated net sales are expected to be approximately $473 million in the third quarter compared to $421 million in the same period of 2005.
Production for the quarter ended September 30, 2006 was approximately 295,000 BOE, as compared to production of 141,205 BOE for the same quarter in 2005, a 109% increase, and a 22% increase over the 241,060 BOE produced in the second quarter of 2006.
Opteum") (NYSE:OPX), a real estate investment trust (REIT) that operates an integrated mortgage-related securities investment portfolio and mortgage origination platform, today announced financial results for the quarter ended March 31, 2006.
Two-bedroom per-room prices rose 18 percent over the last year to $105,778, while prices for studio and one-bedroom units rose 15 percent from last year's second quarter to $60,000 per room.