WASHINGTON, DC-Fannie Mae will again be redeeming the principal amounts indicated on a security issue this month. The redemption date is listed as Feb. 22 of this year.

PALO ALTO, CA-Locally-based Meridian Property Company, a recently founded commercial real estate company, hires Richard Zalatoris to lead its aggressive effort to become a major added-value player in the Bay Area commercial real estate market.

FRANKLIN, MA-SMTC moves into a 150,000-sf fully equipped facility here. The electronic manufacturing services provider is looking to expand its presence in the New England area.

REDMOND, WA-The last of Metzler North America's $107 million, four-building development here is open. Begun in 1999 and built in two phases, the project is occupied entirely by locally based Microsoft Corp.