Rates have ticked up a bit, but they remain historically low, allowing some distress to remain afloat despite questionable fundamentals.

SEATTLE-Creekside Village in Mountlake Terrace, WA, and Cascade Ridge in Federal Way, WA, are each expected to fetch $65 million and appeal to a wide variety of investors.

BERKELEY, CA-Rosendin Electric starts work on the retrofit of the California Memorial Stadium at the University of California, Berkeley, which includes a new sports complex within the existing façade.

ALAMEDA, CA-The company executes a 37,663-square-foot long-term lease at the Waterfront at Harbor Bay, a 385,000-square-foot business park consisting of four two-story office buildings.

SAN FRANCISCO-According to industry rumors and an unnamed source, the City’s effort to entice Twitter Market Square, will include Shorenstein’s purchase of the complex.

IRVINE, CA-Standard Pacific Corp. enters into a three-year facility that matures in February 2014, where the aggregate commitment may be increased up to $400 million.

PALO ALTO, CA-The office and R&D center at 3210 Porter Dr. will serve as Skype’s new North American headquarters.

Before distressed assets came along, few people could find much to complain about with respect to low interest rates. But a funny thing has happened…