LONDON-Equiton, the limited partnership between Brixton, Equitable Life and the Prudential has raised new finance from HSBC; Lloyds TSB Bank and Royal Bank of Scotland to fund new acquisitions in the industrial sector.

EDINBURGH-Edinburgh Business Park sees a 30,000-sf deal done on an annual licence by serviced office operator MWB Business Exchange. Royal Bank of Scotland has taken 380 workstations on flexible terms.

PEABODY, MA-A luxury apartment complex here, Terrace Estates, receives $22 million in permanent mortgage financing. Funding for the 521-unit complex, developed by The Terrace Realty Trust, was provided by Freddie Mac through Legg Mason Real Estate Services/Spectrum Financial.

SAN DIEGO-Rents at Brown Field are going up by nearly 70% at the first of the year -- and tenants are none-too-thrilled. But officials claim rents have been below market for years.