EVERETT, WA-An unnamed investment group is selling 1.14 acres across Everett Way from the Everett Mall. Due to skyrocketing demand, office space makes the most sense for the land, says the listing broker.

SEATTLE-King County council members are drawing criticism for considering a revision to the county's comprehensive plan that would limit the size of non-residential buildings to 20,000 sf in rural areas.

KENT, WA-The city, which plans to buy 15.4-acre Borden Chemical Plant on the edge of its downtown, is using the New York-based consulting firm Hunter Interests Inc. to plan development of the property.

KIRKLAND, WA-The Kirkland-based developer is building a 62-room extended-stay hotel atop an existing one-story building. The five-year-old project has been delayed due to a building moratorium.

FEDERAL WAY, WA-Developer Opus Northwest of Bellevue, Wash., has secured an agreement to purchase the Evergreen Industrial Park in Federal Way, a 260,000-sf complex tailored to truckers featuring a refueling station, diner, truck repair shop and motel.

SEATTLE-The self-storage REIT is reporting third quarter funds from operation of approximately $22.2 million, a 6.4% increase over the last year's third quarter. On a per share basis, the company's FFO increased 4.1%.

SEATTLE-The commercial bank subsidiary of Banner Corp. that recently changed its name from First Washington Bancorp is opening its first Seattle branch in the 1001 Broadway building at the corner of Broadway and Madison.

EVERETT, WA-Port of Everett officials are currently talking with a warehouse company that has expressed interest in 300,000 sf in the 78-acre Riverside Industrial Park now being developed by the Port.