PORTLAND-AND 1, a seven-year-old basketball footwear and apparel company, signs a five-year lease for an industrial building at Southeast 7th Avenue and Ankeney Street that Jon Kellogg and Thad Fisco picked up 12 months ago for $275,000.

WASHINGTON, DC-Real estate firm CarrAmerica starts construction on its multi-faceted Terrell Place complex. When it is completed in 2003, Terrell Place will offer 439,000 sf of office and 39,000 sf of retail space in a three-part structure.

STAPLES, MN-The project, to be done by E&V Consultants and Construction Managers, is expected to be completed in three years. Lakewood Health System has a hospital, clinic and senior housing in Staples.

SEATTLE-Opus, Schnitzer, Hedreeen, Sabey, Clise, Zelman, UB and IntraRock all win honors, while Herman Sarkowsky and Robert Filley are added to the local chapters Commercial Real Estate Hall of Fame.