CUPERTINO, CA-Publicly held Archstone Smith of Denver acquires Avalon Cupertino from publicly held Avalon Bay Communities of Alexandria, VA.

CUPERTINO, CA-Publicly held Archstone Smith of Denver acquires Avalon Cupertino from publicly held Avalon Bay Communities of Alexandria, VA.

SAN FRANCISCO-Leasing activity in the fourth quarter here was off 21% compared to the third quarter, and the year-end total is off 10% from 2004. The numbers are expected to continue falling in 2006, according to a new report.

MUKILTEO, WA-Legacy Partners' Seattle-area SVP tells GlobeSt.com the apartment property here, On the Green at Harbour Pointe, may be partially converted to condominiums, but adds the fundamentals necessary for its future as a strong rental property are shaping up nicely.

MUKILTEO, WA-Legacy Partners' Seattle-area SVP tells GlobeSt.com the property here, On The Green At Harbour Pointe, may be partially converted to condominiums, but adds the fundamentals necessary for its future as a strong rental property are shaping up nicely.

PORTLAND, OR-With a record-breaking 2005 in the books, office investment sales volume in the greater Portland area is expected to moderate somewhat in 2006. However, a backlog of investment capital seeking product and sellers looking to capitalize on that should keep activity strong.

PALO ALTO, CA-Locally headquartered Essex Property Trust leads a three-member LLC proposing to acquire all the outstanding common shares of the Baltimore-based multifamily REIT, whose board of trustees already has an agreement to be acquired by a joint venture of Morgan Stanley Real Estate and Onex Real Estate affiliates at $33.90 per share.

PALO ALTO, CA-Locally headquartered Essex Property Trust leads a three-member LLC proposing to acquire all the outstanding common shares of the Baltimore-based multifamily REIT, whose board of trustees already has an agreement to be acquired by a joint venture of Morgan Stanley Real Estate and Onex Real Estate affiliates for $596 million.