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SPOKANE, WA-The 36,000-sf building is being developed by locally based Garco Development Services on behalf of a California developer who acquired the land and an adjacent 55,000sf building last year from principals of Garco.

PALO ALTO, CA-The $8.5-million stock and cash purchase of the Bellevue, WA-based factoring and asset-based lending company translates to 3.7 times EBITDA. CAPCO has approximately $28 million in commitments and $2.8 million in equity.

KANSAS CITY-Office space at the 32-story, previously long-vacant 911 Walnut are going for $7 per sf, about half the going rate for Class B Downtown space. The deal is in effect for tenants who sign by June 1.

WASHINGTON, DC-CarrAmerica Realty Corp. has purchased the Class A, 257,000-sf office building at 1919 Pennsylvania Ave. through a joint venture with an independent investor. The purchase price was not disclosed.

PORTLAND-Panattoni Development agrees to void its purchase option of 38.85 acres on the northeastern edge of the city in exchange for the right to acquire and develop the property from the Portland Development Commission, the new holder of the purchase option.

WALNUT CREEK, CA-Despite appeals filed by two groups earlier this year, Walnut Creek-based developer Blake Hunt Ventures still gets the go-ahead to build a 14-screen theater along Mt. Diablo Boulevard, but not before agreeing to trim the project by 3,000 sf.

CHICAGO-Los Angeles-based investment bankers Houlihan Lokey Howard & Zukin take 25,000 sf at Dallas-based Prentiss Properties Ltd.'s 537,000-sf 123 N. Wacker Dr. Aon Corp. is moving to new headquarters at 200 E. Randolph St.

AUSTIN-Brauntex Material, a quarry owner in New Braunfels, is being taken over by the world's second-largest producer of construction aggregates. Martin Marietta says the takeover complements its quarry expansion in the region.