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$19m deal on building.


L.J. Melody & Company has arranged permanent financing Permanent financing

Long-term financing using either debt or equity.


permanent financing

The long-term financing that supports a long-term asset.
 in the amount of $19.2 million for the Alzina Office Building in Springfield, Ill. The property is 257,000 s/f, seven-story office building.

Designed by Skidmore, Owings & Merrill and built in the 1970s, it serves as home to the Illinois Stare Board of Education and the Department of Rehabilitation rehabilitation: see physical therapy.  Services. The building is 100% occupied.

CIBC CIBC Canadian Imperial Bank of Commerce
CIBC Centres Interinstitutionnels de Bilan de Compétences
CIBC Commonwealth Institute of Biological Control (Trinidad)
CIBC Commercial International Brokerage Company
 bank provided the funding on behalf of Alzina Building II, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. Bill Waldron negotiated this transaction.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Finance: real estate
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 31, 2004
Words:82
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