ORANGE COUNTY, CA-The 371-room, $29-million hotel is expected to open next November in Garden Grove.

PORTLAND-Industrial vacancy rates are at their lowest level since 1995. The vacancy rate in warehouse and manufacturing space dropped four full points in 2000, net absorption posted an all-time high of more than five million sf, and rental rates were up.

LOS ANGELES-Office markets here and in other parts of Southland are expected to enjoy modest but uneven gains next year, despite weakness in the dot-com sector and an overall slowing of the economy.