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ORLANDO-The Newport, CA-based turbine engine maker and Orange County have closed a $280,000 deal to allow the manufacturer to start developing a $40 million, 91,000-sf plant next year in Orlando Central Park.
IRVINE, CA-Statistics reported by an industry analyst show that Orange County's real estate market will not be as strong this year as last year, but healthy nonetheless.
DENVER-It's been 17 years since Denver's multifamily market has had this much activity. The latest 2000 accounting shows 9,844 permits have been pulled, up 84.3% from 1999. The push started prior to November's sound defeat of a growth control amendment.
WEST ORANGE, NJ-The numbers relating to New Jersey's economic prowess are staggering, according to an NAIOP panel, and the year 2001 doesn't figure to bring any bad news.
AUSTIN-AMI Capital has secured $10.8 million in a loan refinancing for the Lodge at Merrilltown, a fully age-restricted holding. The package carries a 7.69% interest rate for 18 years, with a 30-year amortization.
BROOMFIELD, CO-It's a landmark occasion for the 301-acre Great Western Park, where construction has started on an office campus for its first user. The McData Corp. project encompasses 109 acres and could add up to 1.4 million sf at full build out.
HOLLYWOOD, FL-Corporations are finding affordable commercial space as they renovate long-vacant buildings on the fringe of a successful Downtown redevelopment area in this Broward County city, 18 miles north of Downtown Miami.
PHOENIX-Venerable computer maker Apple Computer is looking at leasing space in at least two Valley malls, where it will open some of its first company-owned retail stores.