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April 14, 2005

L.J. Melody

L.J. Melody & Co., the real estate investment banking division of CB Richard Ellis, has arranged $13 million in financing for the Northpointe Office Building and the adjacent 24-Hour Fitness in Spokane. The 5-year-old office building is 97,000 square feet. David Stinebaugh of L.J. Melody's Seattle office secured the funding. Bear Stearns provided financing on behalf of Northpointe Office Building LLC and Vandervert Development.




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