United Capital Corp. Announces $5 Million Real Estate Purchase.GREAT NECK--(BUSINESS WIRE)--May 18, 1998--United Capital Corp. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. ) announced today the completion of a $5,200,000 purchase of two parcels of land from the General Electric Pension Trust. These two parcels encompass approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 31 acres and are the site of a six and eleven story building, respectively with over 550,000 of rentable square feet. These sites, together with the buildings are ultimately leased to Consumers Power Company ("Consumers") and house both Consumer's Corporate headquarters and its Service and Engineering headquarters. United Capital Corp. owns and manages real estate assets and through subsidiaries, provides engineered products to industrial and automotive markets worldwide. CONTACT: United Capital Corp., Great Neck Anthony J. Miceli, Chief Financial Officer 516/466-6464 |
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