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Empire Center receives financing MEDIA DISTRICT...

June 19, 2002

Empire Center receives financing

MEDIA DISTRICT NORTH -- The Burbank Empire Center has received $82

million in permanent financing, arranged by Holliday Fenoglio Fowler.

Holliday Fenoglio Fowler's Los Angeles office handled the

arrangement of a fixed-rate, 10-year term financing for Zelman

Development Co., builders of the Empire Center.

Wachovia Securities is the lending company involved in the deal.

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Burbank Empire Center is a mixed-use project that includes stores

like Lowe's Target, Best Buy, SportsMart, Linens 'N' Things and

Staples. It is bounded by Empire Avenue, Victory Place and Victory

Boulevard.

Event to benefit Boys & Girls Club

BURBANK VILLAGE -- Burbank Bar & Grille will host a benefit for

the Boys & Girls Club at noon Thursday.

The event will include a raffle for prizes, free food and drinks.

Proceeds will go to benefit the club's summer camp program.

Burbank Bar & Grille is at 112 N. San Fernando Blvd.

Compiled by Karen S. Kim

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