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October 2, 2003

L.J. Melody

L.J. Melody & Co. arranged $26 million in permanent financing on two of Tarragon Development's warehouse buildings in the 1.6 million-square-foot Valley South Corporate Park distribution center in Sumner. The two buildings total 628,000 square feet. Security on the loan included an adjacent truck parking facility. CIGNA Investments funded the loan. Mary McDonald of Melody's San Francisco office and Lois Townsend of the commercial mortgage broker's Seattle office arranged the deal.




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