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PORTLAND- The facility, acquired from the Port of Portland for $30.8 million, was the last publicly owned commercial yard in the country

FORT LEE, NJ-Fast-growth telecom company now has more than 178 million sf of building space under contract.

SEATTLE- The Chicago-based real estate investment trust agreed in July 1998 to buy the World Trade Center building from Seattle's Wright Runstad & Co., with which it has a standing arrangement

DENVER-AIMCO sets the stage for heightened fiscal flexibility by finalizing a $97.6 million stock conversion of preferred securities to Class A common stock. The apartment REIT's shares previously have been included in its count of full diluted shares so the action does not affect that total.

DENVER-Archstone Communities Trust, a locally based REIT, is paying $17.3 million for the 256-unit Wendemere at the Ranch Apartments in the bedroom community of Westminster, situated northwest of Denver. It signifies the highest price to date for a 1980s complex.

BELLEVUE, WA-Pacific Real Estate Partners, which leases the project on behalf of Rreef, has been asked by the real estate investment trust to sell the site, which could fetch as much as $20 million.

MIAMI-After years of being in development limbo, the 88-acre, diamond-shaped Watson Island could be about to offer more than great views. A $40 million cruise ship terminal is high on the list. But the only sure project getting off the ground this year is a new facility for the city's Parrot Jungle attraction.

ATLANTA-The board also increased the amount of the REIT's stock repurchase plan to $100 million.