BEND, OR—Compass Commercial Real Estate Services reports shows two years of decreasing vacancies, indicating slow but steady recovery from the recent recession.

LAS VEGAS—Tenant, Take-Two Interactive taking 8th and 9th floors of Office building.

RANCHO BERNARDO, CA—Drawbridge Realty Trust has acquired two buildings in the Discovery Corporate Center, for $53 million. The two properties, are leased to Broadcom Corporation.

SANTA CLARA, CA—Drawbridge Realty Trust has acquired 3201 Scott Boulevard in Santa Clara, a premier Silicon Valley property. Seller was Menlo Equities, LLC.

DALLAS—A local law firm has signed a lease to occupy roughly 15,000 square feet at the top two floors of the recently purchased former Blue Cross Blue Shield building.

SEATTLE—Trammell Crow Company has acquired 1124 Columbia Street, a 1.4 acre parcel, which includes a biotech research facility. Report indicates a $42.6M price.

SEATTLE—Developers plan to break ground this fall on a 660-foot downtown office tower that would be the tallest building erected in Seattle in more than 20 years.  Daniels Real Estate of Seattle and equity partner Stockbridge Capital Partners of San Francisco obtained permits for the 43-story Fifth and Columbia Tower in early 2008. They put the project on hold later that year when Washington Mutual collapsed and downtown offices began to empty. Nearly five years later,…

MOUNTAIN VALLEY, CA—The local city council has denied Google's request to restart work on a pair of bridges connecting its existing North Bayshore campus with a new, 1 million-square-foot complex at the NASA Ames Research Center.