PORTLAND-Confirming predictions from the fall, Grubb & Ellis' year-end review and 2001 forecast on the local apartment market reports that the oversupply is being sopped up and several years of growth is now expected.

PORTLAND-The 128-year-old retail institution based in Chicago said Thursday it has stopped buying new merchandise and is selling off remaining inventory en route to shutting down all 250 stores next month, of which 10 are in the Northwest.

PORTLAND-The greater Portland area saw a large influx of rooms in the late 1990s and now is absorbing that extra space, albeit at a slower pace than originally anticipated. If it's a predictable cycle, however, better times are near.

CULVER, OR-Seaswirl Boats' 245,000-sf manufacturing facility here - which employs 260 in a town of 883 - sits idle while its parent company, Outboard Marine Corp., begins the process of reorganization under Chapter 11 of the U.S. Bankruptcy Code.

REDMOND, OR-The U.S. Bureau of Land Management and the Central Oregon Irrigation District have published a notice of land exchange wherein the COID gets 254 acres here and the BLM gets 30 acres at Cline Falls on the Middle Deschutes River.

REDMOND, OR-The U.S. Bureau of Land Management and the Central Oregon Irrigation District have published a notice of land exchange wherein the COID gets 254 acres here and the BLM gets 30 acres at Cline Falls on the Middle Deschutes River.

PORTLAND-The locally-based owner, operator and developer of private-pay assisted-living communities has acquired in a joint venture four properties in California, Idaho and Oregon that were previously leased from two publicly-traded real estate investment trusts.

HILLSBORO, OR-Warehouse merchandiser Costco Wholesale is planning one of its large-format stores here. The development, which will include a gas station, is expected to open in time for the 2001 Christmas shopping season.