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SAN FRANCISCO-Building Materials Holding Corp. says a continuing eight-year low in commodity wood product prices has it expecting third quarter earnings per share as low as 51 cents, well below current consensus analysts' estimates of approximately 68 cents a share.

WASHINGTON DC-Lowe Enterprises Investment Management paid about $26 million for a 175,000-sf, 12-story building at 1101 Connecticut Ave. NW in Washington, DC on behalf of a pension fund client. The buyer plans to renovate the food court and raise rents.

CLE ELUM, WA-Winning preliminary approval for its proposed development here was an important step, but Trendwest Resorts must now secure approval for water rights transfer from the state and battle local residents strongly opposed to the project.

KANSAS CITY, MO-The developer and city officials cannot come to terms on financing package. The city wants to reduce the amount of bonds it must issue to back the project, while the developer says this will increase its risk.

NORTHBOROUGH, MAThe six-building park, owned by the State Teachers Retirement System of Ohio pension fund, has been the focus of a dedicated leasing program by Spaulding & Slye Colliers.

HAYWARD, CA-The company is looking for a tenant to lease the structure, along with 12 of the available 16 acres. The other four acres are planned for R&D/office space or retail use along Whipple Avenue and Interstate 880.

HOBOKEN, NJ-A meeting is set with project engineers to iron out complaints against Applied Cos.' mixed-use project.

DENVER-The Berkley Heights, NJ company, Expanets, heads west for a corporate relocation. The firm will set up shop in a 40,000-sf office structure in the metro's largest business park.