SALEM, OR-The names of the companies and the extent of their plans are being held close to the vest at this time, but one would manufacture sports equipment in the Portland area and the other wants to produce printer components in Salem. Both would be built next year.

ROSEBURG, OR-"Our companies have worked together for 35 years as underwriter and agent, so this change will simply seem like the culmination of a very long engagement," says Tom Wimberly, owner of Roseburg-based Commercial Title.

PORTLAND-"The purchase price of approximately $91 per square foot is below the cost of new construction and the existing leases are well below market on average, says Stuart Tanz, CEO of the San Diego-based retail REIT.

PORTLAND-Bluestone & Hockley Realty President Clifford Hockley says that given the many real estate opportunities in a down market, investors should consider spending their way through these troubled times.

VANCOUVER, WA-Miami-based Lennar Affordable Communities is proposing a 160-unit apartment building in partnership with the Vancouver Housing Authority, which still needs to acquire the site from the American Legion.

PORTLAND-An alliance between Shell Oil Company and Texaco has cut a deal with Truax Harris Energy LLC for the day-to-day management of Shell- and Texaco-branded gasoline stations throughout Oregon.

PORTLAND-The Suburban vacancy rate, meanwhile, is at 16.1%, reports Cushman & Wakefield's Portland office, and managing director Terry Shanley says both CBD and Suburban vacancies likely will rise further before they begin falling again.

PORTLAND, OR-Steve Reaume, a 20-year brokerage veteran who spent eight years with Cushman Realty in Los Angeles, joins Cushman & Wakefield's Portland office as a specialist in both institutional ownerships and tenant representation.