National

NEW YORK CITY-A new 2,000-sf format under a 'collections' banner may add 70 US units to the chain's already rapidly accelerated US expansion.

NEW YORK CITY-The company closes the loan for the New York Times Building, which is scheduled to have its grand opening next month.

WASHINGTON, DC-While the market has not yet seen the full impact of the credit crunch, growth is expected to return to normal next year.

PARSIPPANY, NJ-The five-year fixed-rate loan for 100 Kimball Dr. will be used to repay construction costs and pay leasing commissions.

IRVING, TX-A 1031 exchange buyer from Beverly Hills, CA offers 99% of the $6.4-million ask to stop marketing after three days of the 90%-leased Willows Apartments.

PHILADELPHIA-Pine.West, a 20-unit condo, breaks ground on a vacant lot in West Philadelphia and the 19-unit West Poplar Square is under way in Northern Liberties.

QUEENS, NY-ZCY Trading, which signed a five-year plus three-year option lease, will add a retail showroom and offices at 1717 Troutman St.

RUTHERFORD, NJ-The availability includes space on the top two floors of the two-building, 577,000-sf Meadows Office Complex.