MODESTO, CA-Lexington Corporate Properties Trust property is net-leasing the 146,000-sf builidng to Crown, Cork and Seal Inc., which is subleasing to PACCAN, Inc. The new lease, at a higher rate, commences September 26, 2001, when the current lease ends.

PORTLAND-Absorption was a solid 600,000 sf in the second quarter and overall vacancy rose only one tenth of a point to 7.9% because most developers stuck with built-to-suit contracts. History says things will get worse, however.

PORTLAND-Renowned rainmakers Mike Holzgang and Gordon King will now be leading a hand-picked, five-person team at Colliers International. At Cushman & Wakefield, the duo averaged about 850,000 sf of lease transactions annually.

VANCOUVER, WA-The 33,600-sf office building, 40% preleased to one tenant, is part of a 24-acre commercial development at the intersection of 34th Street and 192nd Avenue in East Vancouver that will eventually include a 110,000-square-foot, grocery-anchored shopping center.

LAKE OSWEGO, OR-The just-completed, 80,000-sf office building is the second of a two-building, 198,000 sf development in the Kruse Way Corridor at the Interstate 5-Highway 217 interchange. 6000 Meadows, completed last year, is 96% leased.

PORTLAND, OR-Negative overall net absorption in the second quarter pushed the overall vacancy rate to 9.8%, the highest its been since the infamous early 90's, reports the Portland office of Grubb & Ellis.

PORTLAND, OR-Negative overall net absorption in the second quarter pushed the overall vacancy rate to 9.8%, the highest its been since the infamous early 90's, reports the Portland office of Grubb & Ellis.

PORTLAND-A new program authorizes the city to issue up to $25 million in tax exempt bonds to finance moderate-income rental housing that may ultimately generate income for more low-income housing.