PORTLAND-The property is located in the Port of Portland's Rivergate Industrial District in North Portland. The acquisition price would be $1.2 million, or about $4.50 per sf.

EVANSTON-The city and Sherman Plaza Venture LLC pays $14.5 million for the block bounded by Sherman Avenue, Benson, Church and Davis streets. Demolition for the $100-million project is slated to start at year's end.

PORT LUDLOW, WA-The deal completes the exit of Pope Resources from the resort and real estate development industries, which were secondary to its primary business of timber. Buyer HCV Pacific Partners adds Ludlow to its existing hotel and leisure portfolio.

DETROIT-A West Bloomfield, MI researcher paints a portrait of struggling Detroit area office market, but believes it can be saved with a halt to construction and cautious dealing.