OSWEGO, OR—Interwest Capital Corp. buys a Hilton Garden Inn and taps Evolution Hospitality as the manager, CIP Real Estate secures a $24.1 million loan to refinance a business park and CIM Group completes construction of 9Seventy in this week's wrap-up of deals.

PHILADELPHIA, PA— P.A. Ridge Associates is acquiring The Independence Press Building, a vacant 156,000 square foot property at 525 North 11th Street in Philadelphia, PA, for $5 million. Ridge is planning loft-style residential units in the property.

PALMYRA, PEMBERTON, AND EWING TOWNSHIP, NJ—Strong investor interest in multifamily properties has extended further south in New Jersey. Gebroe-Hammer Associates has brokered three apartment-property trades involving garden apartment communities in Burlington and Mercer Counties.

CLEVELAND—The 57-story tower is perhaps the most notable office property in the city, and the owners now say the vast majority of its space is under long-term leases.