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ORANGE, NJ-The funding, arranged by Houlihan-Parnes/iCap Realty Advisors for Coolidge Orange LLC, covers a total of 14 buildings here and in two other Northern New Jersey cities.
LONG BEACH, CA- Downtown Plaza is at 211 E. Ocean Blvd., just north of the city's popular Shoreline Village. It is 93% occupied and includes tenants The Designory, Barrister Executive Suites, and the City of Long Beach.
NEW YORK CITY-The electronics giant will stake out new territory in time for the holiday shopping season with a store on Southern Boulevard. The retailer is negotiating a number of leases in "similar neighborhoods," two of which could be signed by year's end.
LADERA RANCH, CA-The 201-unit Laurel Canyon Apartments, built in 2001, is part of a new 4,000-acre planned community. The owner obtained the financing through Fannie Mae.
ROUND ROCK, TX-Scott & White says it's time to move on the medical facility after sitting on the land for five years. The 77,000-sf Scott & White Center will break ground in June 2003, promising to deliver 150 community jobs when it's done.
SHERWOOD, OR-A "prospective purchaser agreement" with the state Department of Environmental Quality gives Tualatin-based Pacific III LLC three years to perform the estimated $450,000 clean up, but it is only expected to take four months.
DENVER-Ten gates and a commuter facility that can handle six jets are the key components of a design/build project to be done by PCL and Turner Construction and overseen by construction manager Montgomery Watson Harza.
PLANO, TX-Life Time Fitness of Eden Prairie, MN buys a 12-acre corner at Legacy and Preston for its first Texas center. The location is described as one of Dallas' finest. The chain a year ago was looking in Austin and then took a pass.
PHILADELPHIA-The West Conshohocken, PA-based company appoints Donald Chase senior vice president of investments, covering Pennsylvania and the Midwest; John DiCola to senior vice president of investments for New Jersey, and promotes Jennifer Pancoast to senior vice president of marketing.
MILL VALLEY, CA-Bridger Commercial, which assists commercial banks in pricing, underwriting and closing CMBS loans, closes its third loan securitization this year, part of the largest CMBS pool seen since 1999.