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RALEIGH, NC-KRC Avalon Woods, developer of the 152,000 sf, 76-bed Magnolia Glen retirement community, has been approved for a $20 million construction loan on its Creedmoor Road venture.

SAN DIEGO-A locally based biomedical firm will build 60-acre R&D and manufacturing facility in North County suburb of Oceanside that could employ up to 2,400.

VALHALLA, NY-Telecommunications company signs lease renewal for more than 57,000 sf of space at the Summit complex.

LOS ANGELES COUNTY-Encino, Newport Beach firm chooses name that reflects its goals.

KANSAS CITY, MO - Henderson hires engineer, fire protection specialist.

ORLANDO-The 2,900-acre International Corporate Park is making its first sale in years. Dallas distributor Sierra Stone Inc. has contracted to buy 37 acres for a 200,000-sf distribution center. The estimated contract price is $3.22 million or about $2 psf. The park is zoned for 20 million sf of commercial.

LOUISVILLE, CO-A $12 million, 77,000-sf second phase launches this month at the Coal Creek Business Park, situated in a Boulder suburb. The developer is negotiating to lease the entire space to two companies.

FLOWER MOUND, TX-With two structures under way, the 345,000-sf Parker Square in Flower Mound is adding a third building to its ongoing development roster. Ground will break by year's end on a 35,000-sf Health and Fitness Center.