FIFE, WA-Publicly traded Heartland Partners LP agrees to sell the residential-zoned land in phases over the next three years. The first phase, a $5.6-million deal, is expected to close before the end of the year.

VANCOUVER, WA-Light Photonics, an early stage optical component supplier, will start production at tis new 57,000-sf laser diode manufacturing plant later this month. The facilty, which includes 22,000 sf of class 1000 clean room, was completed in August.

ISSAQUAH, WA-Despite a dim economy, JPI Development has snapped up a 247-unit apartment complex here for $8.6 million, according to Cushman & Wakefield. The site is located on 627 acres of the Talus Master Planned Community.

RENTON, WA-Three smokestacks at the Shuffleton Steam Plant are scheduled to be demolished Saturday morning, making room for a mixed use development at the south end of Lake Washington.

SEATTLE-The owners of the recently renovated properties pay off a Key Bank construction loan with a $12-million, 15-year permanent financing from Safeco Life Insurance Company and Sterling Savings Bank.

POULSBO, WA-Plans to put an Olympic College branch here have been placed in limbo, along with $300 million in construction projects being halted state wide because of an ailing economy.

SEATTLE-The vacancy rate grew 1.6 percentage points from the second quarter to the third, a much slower pace than the 3.5 percentage point gain between the first and second quarters, according to the latest data from Cushman & Wakefield.

SEATTLE-In an effort to lure more tourists to spend their money in the Emerald City, the Seattle-King County Convention and Visitors Bureau discount program has kicked off a bit earlier this year.