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PALO ALTO-A religious organization has received a $4 million pledge toward the purchase of the complex, but needs close to $7 million in order to outbid an investment partnership that wants to raze the structure and build condominiums.
VANCOUVER, WA-The Southern California-based specialty grocery chain has secured 10,000 sf at the Interstate 205-Mill Plain Boulevard interchange and plans to open up shop in the first quarter of 2001.
SAN JOSE-The Los-Angeles-based mall REIT, reporting a healthy quarter, says two new parking structures are open and the new 225,000-sf Nordstrom is under construction for an opening in spring 2001.
SEATTLE, WA-J. Peterman's 2-year-old Pacific Place store in downtown Seattle is closing, along with all the company's shops across the nation. The closures are part of a Chapter 11 reorganization in which the company will refocus on catalog retailing.
SALEM, OR-With vacancies rising and a record amount of space coming online, the development pipeline is shrinking and developers prepare for a soft market. Vacancy rates for retail also rose during the third quarter.
VANCOUVER, WA-The Southern California-based specialty grocery chain has secured 10,000 sf at the Interstate 205-Mill Plain Boulevard interchange and plans to open up shop in the first quarter of 2001.
PORTLAND-Consultants for the warehouse retailer of home improvement goods and services envision a retail, housing and office development on four acres at the Davis Business Center in the 4300 block of Northeast Halsey Street.
SEATTLE, WA-If all the workers who received layoff warnings from the Bellevue-based truck manufacturer are let go in two months time, some 300 employees will be affected. More than 500 workers have already been laid off there this year.
PORTLAND-The last boundary expansion was in 1998, when Metro brought in about 3,700 acres. At the time, the council said an equal amount of land would likely be brought in the following year. That decision was later delayed until this year, and now the opposite decision has been made.
PORTLAND-The locally-based information technology company is taking 11,000 sf vacated by the Social Security Administration. The remaining 12,000 sf is being subleased from Mass Mutual.