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Mortgage Loan Applications Down In Latest MBA Weekly Survey

remstaff &Globe Street | February 22, 2001

WASHINGTON, DC-The Mortgage Bankers Association of America reports that mortgage loan applications were down 7.5% and that refinance activity also dipped several percentage points. These are among the results of its weekly mortgage applications survey.

City Told It Can Save $102 Mil by Combining Arena, Other Projects

remstaff &Globe Street | February 22, 2001

CHARLOTTE-City leaders are bundling a new Downtown arena with six other Downtown projects. Because five of the projects would be nonprofit and cultural, tax-exempt bonds with lower interest rates could be used.

Insignia Well Ahead on Leasing Up Sun Tech Corporate Park

remstaff &Globe Street | February 22, 2001

HILLSBORO, OR-Three of the four buildings in the 301,000-sf flex-office development are spoken for. The 90,000-sf, one-building first phase was taken by Sun Microsystems and sold to Washington Capital. The three-building second phase is scheduled for completion in April.

R&D Building Sells For $4 Mil in Carlsbad

remstaff &Globe Street | February 22, 2001

CARLSBAD, CA-With the area's vacancy rates continuing to plummet, a unit of Voit Development Co. Inc. has sold a 37,328-sf office and R&D building in the master-planned Palomar Airport Business Park for $4 million.

Development of 1,450-Acre Naval Base to Happen in Stages

remstaff &Globe Street | February 22, 2001

WEYMOUTH, MA-The South Shore Tri-Town Development Corp., the agency responsible for developing the 1,450-acre former Naval Air Station here and in Abington and Rockland, decides to slow down the process of renovating the parcel.

Northchase Investments Racks Up 13,861 SF in Office Leases

remstaff &Globe Street | February 22, 2001

HOUSTON-Northchase Investments is getting three new office tenants at two properties. The deals represent a combined 13,861 sf for 14505 Torrey Chase and 13700 Veterans Memorial Dr. structures. The office space commands a rate of about $15 per sf.

Investor Picks Up Summit Ridge Business Park for $17.48 Mil

remstaff &Globe Street | February 22, 2001

SORRENTO MESA, CA-An investor has paid $17.48 million for a three-building, Class A, fully leased business park in this San Diego submarket.

Telseon Open Headquarters, Plans Data Center

remstaff &Globe Street | February 22, 2001

MOUNTAIN VIEW, CA-The Denver-based optical networking company is funding its objective thanks to $100 million in recent equity investments and $75 million in vendor financing. In two previous rounds, the 350-employee company took in a total of $86.5 million.

Capistrano Industrial Space Sells for $2.6 Mil

remstaff &Globe Street | February 22, 2001

ORANGE COUNTY, CA-A distributor of liquid crystal displays has acquired a 29,000-sf industrial building in the South County area.

Garland Retail Center Fetches $2 Mil

remstaff &Globe Street | February 22, 2001

GARLAND, TX-A 31,418-sf retail center and supplemental building has been sold in a $2-million deal. The fully leased plaza boasts a 20-year tenant as one of its anchors. A Henry S. Miller Commercial team and Royal Realty Advisors negotiated the deal.

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Mortgage Loan Applications Down In Latest MBA Weekly Survey

City Told It Can Save $102 Mil by Combining Arena, Other Projects

Insignia Well Ahead on Leasing Up Sun Tech Corporate Park

R&D Building Sells For $4 Mil in Carlsbad

Development of 1,450-Acre Naval Base to Happen in Stages

Northchase Investments Racks Up 13,861 SF in Office Leases

Investor Picks Up Summit Ridge Business Park for $17.48 Mil

Telseon Open Headquarters, Plans Data Center

Capistrano Industrial Space Sells for $2.6 Mil

Garland Retail Center Fetches $2 Mil

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