SEATTLE-A recent report prepared by Marcus & Millichap Real Estate Investment Brokerage Co. wagers the Puget Sound market will continue to garner the attention of private investors and remain stable despite national and local economic doldrums.

SEATTLE-A recent report prepared by Marcus & Millichap Real Estate Investment Brokerage Co. wagers the Puget Sound market will continue to garner the attention of private investors and remain stable despite national and local economic doldrums.

BELLINGHAM, WA-International Absorbents Inc. purchases a 15.6-acre property in the area on which it will build a new, 100,000-sf manufacturing facility. The new plant will consolidate the six Northwest facilities now in operation.

WOODINVILLE, WA-Brittany Park Seniors Apartments will use proceeds of the loans to refinance the existing mortgage loan on the property and to pay bond issuance costs. The 205-unit complex was built in 1997 and 1999.

TACOMA, WA-The approval means the Port of Tacoma will begin its due diligence period en route to acquiring the multi-tenant, 59,000-sf (net rentable) World Trade Center building here for just under $7 million. The sale is expected to close in early 2003.

TUKWILA, WA-Owners of Westfield Shoppingtown Southcenter plan to buy the Red Lion Hotel next door to the retail facility for $2.8 million. Westfield America says it likely will expand the mall once the purchase is complete.

BELLEVUE, WA-The Bellevue City Council remains interested in buying a Downtown office building owned by Qwest for $28 million and turning it into a new civic center at a cost of about $350-per sf, or $105 million.

TACOMA, WA-City officials put together three workshops to educate the public about affordable housing needs and programs in Tacoma and the potential placement of an affordable housing levy on a future ballot.