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SACRAMENTO, CA-Construction on Oracle's second building is set to begin in June and Oracle will push the contractor with an aggressive 11-month schedule to meet the estimated May 2002 completion date.

MCLEAN, VA-Freddie Mac is officially making it known today, Thursday, June 7, that it has priced $6 billion USD of 6% 10-year Reference Notes. They will be due June 15, 2011.

GILBERT, AZ-In a year's time, Oakland, CA-based Myron Zimmerman Investments has changed out his Valley portfolio, selling three smaller industrial holdings and buying 1.3 million sf of larger buildings. And, the veteran Valley investor is looking for more.

AUSTIN-The puzzle pieces are falling in place for the blocks in and around the Austin Convention Center. Still, there's a way to go to match Sixth Street and the Warehouse District.

AURORA-The multifamily market continues to show amazing strength as the 364-unit Winridge Apartments at 2075 S. Paris Way sells for $24.7 million to a pension fund advisor representing an unnamed client.

WHITE PLAINS-The Westchester County Industrial Development Agency voted yesterday (June 7) to offer sales tax breaks to a future company to lease 55,000 sf of space at 900 King St. in Rye Brook, GlobeSt.com has learned. Sources share details on the spin-off and the property.

PARIS-FIABCI, The International Real Estate Federation, has installed Nestor R. Weigand, Jr., a Realtor from Wichita, Kansas, USA as its new World President.<

BREMERTON, WA-While local officials have lobbied the state legislature in Olympia the past several years for 0.1% sales tax to fund emergency centers, no real concern was voiced until the earthquake that hit the Puget Sound region Feb. 28.