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SALEM, OR-With vacancies rising and a record amount of space coming online, the development pipeline is shrinking and developers prepare for a soft market. Vacancy rates for retail also rose during the third quarter.

WASHINGTON, DC-District of Columbia officials have set new restrictions on data centers, arguing they need to prevent large windowless buildings from turning promising undeveloped land into dead zones.

BOSTON-Due to an increase in commercial clients in Boston, MetroWest Bank has opened a banking office in the heart of Boston's financial district.

SAN DIEGO-Luxury units costing up to $3 million for a two-story penthouse in the Bankers Hill area are selling fast--months before the start of construction. The 120-million project features twin 14-story towers.

ORANGE COUNTY, CA-USF Reddaway Truck Lines paid $2.8 million for industrial space in Fullerton to house its regional cross-dock operation. Occupancy is scheduled for January 2001.

DENVER-A historic building developer pays about $15.3 million for a 108-year-old building that will be converted into office condominiums. Buyers should be able to get space for the same amount of their leases, says developer Charlie Woolley.

NEW YORK CITY-The latest entry to the commerical real etsate web world claims to aggregate owners, brokers, buyers and renters.

PHOENIX-The state's largest mall has received a permanent loan of $146 million from GMAC and Goldman Sachs.