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WESTMINSTER, CA-Robertson Properties Group of Los Angeles uses the 113,000-sf home improvement center and 24,450-sf attached garden center as collateral for a fixed-rate, fully amortizing 20-year loan.
AURBURN HILLS, MI-Two attached residential developments will be built near the city's downtown area. In addition, one project will include some retail space.
SAN FRANCISCO-Thanks to the Jobs and Growth Tax Relief Reconciliation Act of 2003, if you construct a building and place it in service before Jan. 1, 2005, there is a very nice first year write off to be had.
MEDLEY, FL-The industrial space, at Beacon Station here, adds to large amounts of sublease space being taken in that area recently. The company subleased the space from USCO Distribution Services.
CRANFORD, NJ-The REIT, which has a portfolio of almost 29 million sf, will use most of the proceeds to pay down its debt, according to company officials.
ATLANTA-CMD Realty Investors has brought its class A, 233,323-sf RiverEdge Place here to 45% occupancy with the signing of seven office leases for 33,319 sf. The firm also moved its regional offices to RiverEdge Place from nearby 2100 Riveredge Building.
PORTLAND-Citing studies that found its redevelopment unfeasible, the Port Commission this week will consider selling its 15-acre Terminal 1 facility to the City of Portland, which will use the site to stage its combined sewer overflow tunnel project.