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SEATTLE-The owners of the recently renovated properties pay off a Key Bank construction loan with a $12-million, 15-year permanent financing from Safeco Life Insurance Company and Sterling Savings Bank.
CLERMONT, FL-Orlando-based Maury L. Carter & Associates Inc. has two more years to find a developer to build Highpoint at Clermont, a planned 300-unit, estimated $15 million venture in one of the hottest commercial submarkets in Central Florida, 25 miles west of Downtown Orlando.
HERNDON, VA-This mortgage giant has signed a 10-year commitment for the entire nine-story, 229,000-sf building, which is the third phase of a planned 790,000-sf complex.
PLYMOUTH, MI-Besides breaking ground on the second phase of Sheldon Place here, DeMattia Group has also started construction on a 56,000-sf light manufacturing speculative building at Washtenaw Business Park in Ypsilanti.
LONDON-John Laing Property Business Space has lodged a planning application for the final three buildings on its Drakes Meadow Business park at Swindon in Wiltshire. Units from 15,000 to 36,000 sf are proposed.
WASHINGTON, DC-The association is moving forward with plans for a fall convention that has been altered substantially in the aftermath of the September 11 terrorist attacks on the Pentagon and World Trade Center.
PORTLAND-Thomas Hacker and Associates Architects Inc. purchased the historic Downtown building last month in partnership with Gary Purcell Construction, the company handling the building's renovation into the architecture firm's new headquarters.
SAN ANTONIO-Talcott Realty of Hartford CT has the title to the 533,000-sf Bank of America Plaza in San Antonio and has signed up a new property manager. Transwestern Commercial Services' San Antonio office gets the contract for the landmark property.
LANSING, MI-Representatives vote to defeat a resolution that would have allowed an American Indian tribe the rights to build a new gaming facility anywhere in the state. Allegan County was the likely location.
AUSTIN-Lumbermen's Investment Corp. is regrouping after Austin City Council rejects a zoning change for 4.5 acres along Town Lake. Go figure, a 180-foot-tall structure is scuttled, but a 220-foot-tall tower can be built under current zoning.