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WASHINGTON, DC-The Fannie Mae loan will be used to finance the purchase of the 146-unit, seven-story Randolph Towers, which was built in 1931. The property is located on 14th Street in Northwest.

MELVILLE, NY-Amid the "no-comments," one source who knows of the dealings says things at Reckson are "very quiet," and no merger is imminent. GlobeSt.com's source points to this same rumor's emergence two years ago.

HERNDON, VA-The San Jose, CA-based tech manufacturer will locate its regional sales office here, according to the Irving Group, which helped the new company find the space and served as project management.

OCEANSIDE, CA-The City's Community Development Commission on Apr. 4 will consider a proposed four-story, multi-use project in Downtown. The project calls for 10,000 sf. of commercial space and 33 condominiums.

BURLINGTON, NJ-The Michigan-based manufacturer will distribute its products in the Northeast, moving its operation to the Burlington Business Center from Central New Jersey. The company manufactures parts for different vehicles.

JUNO BEACH, FL-Two of the largest energy producers in the country advised last month merger talks hit an obstacle over governance structure and value-related issues. FPL operates Florida Power & Light Co. from offices in Juno Beach, 77 miles north of Miami.

NEW YORK CITY-Property managers and vendors agree that when the economy was thriving and capital was flowing some poor business models came online and were unable to properly service clients, but the shakeout is eliminating them.

ENCINITAS, CA-An old downtown warehouse converted into an art center and coffeehouse allows the public to watch artists work and attend arts performances. The new facility, which opened Saturday,is part of the city's plan to create a friendly downtown atmosphere.