DETROIT-Passenger traffic at Detroit Metropolitan Airport reaches near-record levels in 2004 as the $400-million construction of the North terminal nears.

TYSONS CORNER, VA-Washington Real Estate Investment Trust relinquishes ownership of three office buildings in exchange for an aggregate sum of $67.5 million. The sale of buildings, which account for a total of 410,000 sf, leaves the REIT with a net gain of $33 million.

PORTLAND, OR-The US General Services Administration next month will begin negotiating an 80-year lease with the Pochter Group of Northbrook, IL, which plans to spend as much as $20 million transforming the historic four-story structure on the North Park Blocks into an 82-room boutique hotel.

AVON, CO-Panelists discuss the how, in years to come, most shopping centers will be in mixed-use, town center environments.