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AUSTIN-Popular home builder, Centex, is joining in Austin's land rush, buying 62 acres to construct more than 200 homes in the city's northeast sector. The city's tight housing market has triggered a building surge in the state's capital.
VERO BEACH, FL---When baseball's Dodgers left Brooklyn in the 1950s and moved to Los Angeles, they kept their spring training facility in South Florida. A newly-arranged deal is keeping Dem Bums there.<p>
SAN RAMON, CA-Sunnyvale Village Associates refinances the Sunnyvale Financial Center and Duane LLC completes a take-out of its construction loan for the Duane Telecommunications Building in Santa Clara.
DALLAS-Its expertise in agency financing is leading to a buyout of Dallas-based Newport Mortgage Co. , the second in eight months of a Southwestern lender by Cleveland's KeyCorp. The deals promise to be the first of several in KeyCorp's bid for Sunbelt lending dominance.
ORLANDO-Vacancies in a niche 5.5 million-sf industrial market category shrink to 10% from 11.6% as tenants average 13,000 sf in new leases, up from an average 5,000 sf per lease in past years
AUSTIN-The city's retail real estate sector continues its heady pace, with sales rising, consumers clamoring for more stores and tenants discovering rents in some areas have jumped by 10%. The force behind Austin's good fortune is its top ranking in job development.