Portland, OR

PORTLAND-Intended uses of the incentive funds include a wide variety of expenditures, ranging from infrastructure needs (such as sewer or water extensions), to permit fees, tenant improvements and site acquisition.

PORTLAND-The Portland Development Commission approved Wednesday a nearly three-fold increase in its lease commitment at Parkside Business Center, an office building located adjacent PDC's Downtown headquarters at the south end of Fourth Avenue.

VANCOUVER, WA-Currently located in half as much space in Clackamas, the custom injection molder inks a 10-year deal at the Port of Vancouver. The company expects to expand to 36,000-sf building within four years.

PORTLAND-The president of Portland-based Harsch Investment, a major player in several Western real estate markets, will give a presentation on how Portland stacks up against the rest of the West Coast. US Bancorp's Western Regional Economist John Mitchell also will be on hand.

PORTLAND-A division of freight hauler Schneider National takes one-third of the smaller building at the first phase of Rivergate Corporate Center, a 488,000-sf speculative project by Multi-Employer Property Trust. A 400,000-sf user may soon help launch the 607,000-sf second phase of the development.

PORTLAND-Umpqua Holdings Corp. receives $70 million in capital financing to fund the cash portion of the previously announced $215-million merger with Centennial Bancorp. The transaction is expected to close in the fourth quarter.