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PARKER, CO-A Douglas County retail and office project gets a green light from nearly $5.4 million in loans that have been secured for developer Cimarron Investment Properties. L.J. Melody has arranged the financing package for Twenty-Mile Station.
NEW YORK CITY-The 18-year sublease for office space in the Buchmann Tower keeps the company near its flagship Fifth Avenue retail outlet. Tiffany & Co. is a neighboring tenant.
BOISE, ID-The 89,903-sf mid-rise across from the State Capital is being purchased for $13.975 million by Capitol View LLC, a joint venture between Base Capital LLC of Bellevue, WA and Western Realty Advisors Inc. of Boise.
BELLEVUE, WA-Listing agent Chris Reid of Colliers International says finding tenants will pose no problems, despite a recent report by the Federal Deposit Insurance Corp. warning of overbuilding on the Eastside. "I don't quite understand the concern," says Reid.
ORLANDO-The Orlando division of the Texas-based builder is taking the entire fourth and seventh floors totaling 19,222 sf for five years at FOA Orlando's 151 Wymore Road Building in Altamonte Springs, FL.
BALTIMORE-Prime Retail, based here, hopes to raise $150 million net proceeds in several transactions and a financing arrangement. The company is looking to an affiliate of Fortress Investment Fund LLC for stabilization.