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ORANGE-Two tenants have renewed their leases at the 305,439-sf office building. The leases total 64,248 sf.

SEATTLE-Mayor Paul Schell said yesterday the Seattle Center -- home of the Space Needle -- received the gift from Fisher Communications Inc. in support of a planned new festival pavilion.

SACRAMENTO-The California Public Employees' Retirement System is plowing $250 million into urban development projects and another $150 million into affordable housing by the end of the year.

SAN DIEGO-A high-tech firm has completed the framework on its newest facility, a 102,000-sf complex spanning almost five acres in Poway.

WASHINGTON, DC-CarrAmerica broke ground on the office building at 1750 H St., NW. The 111,510-sf building is already 35% leased and is scheduled to be ready to occupy by the end of 2002.

LONDON-Shares in Chesterton International, the quoted commercial and residential agent, fell 25% after a shock profit warning to the London Stock Exchange.

LONDON-Rob Bould, Head of Investment at GVA Grimley has taken over as the new chairman of the Investment Property Forum. One of his goals is to forge alliances with other professional organizations.

SEATTLE, WA-CB Richard Ellis calculates office vacancy rates in downtown Seattle at more than 12% in some areas. Nonetheless, a buyer under the name Seattle Union Station II LLC has paid $261/sf for Opus Center South.