Office

DALLAS-Lone Star's owner, Scott Walton, becomes a senior loan officer with yesterday's closing. BMC's two-year plan is to buy 25 small shops in the US to become the first branded arranger of commercial loans in the $500,000 to $5 million sector.

DEERFIELD BEACH, FL-The general contractor, which currently is leasing space in Boca Raton, plans to relocate to the 10,000-sf building here, where the company purchased 1.4 acres for about $256,132.

WOODRIDGE, IL-The insurance company leases the entire 97,000-sf office building at 9022 Heritage Pkwy., developed by Schaumburg-based REM Builders as a build-to-suit. It was put on the market at $17.1 million.

DENVER-Even though the corridor is seeing the most activity since April 2001, lease rates continue to fall and concessions continue to rise according to the latest report by CB Richard Ellis.

RANCHO BERNARDO, CA-Sunroad Centrum picks up the 71,255-sf property from R.B. Phoenix Associates LLC as part of a 1031 Exchange transaction. The three-story complex is located at 11770 Bernardo Plaza Ct. in San Diego.

PARSIPPANY, NJ-The company's Global Pharmaceutical Group is using the top three floors at SJP Properties' Morris Corporate Center IV as a regional sales office. GVA Williams put the deal together for the tenant.

CAMBRIDGE, MN-The project, which requires funding from the Minnesota Legislature, would tear down two temporary buildings and build a new 34,200-sf addition.

LONDON-Greycoat subsidiary City Offices and the German fund CGI have let the 15,600-sf One Paternoster Square, London EC4 to Lexicon Partners at a rumoured pounds 50 ($85) per sf.