LONGVIEW, WA-The timberlands manager and specialty paper and container manufacturer retains Goldman Sachs to assist it in evaluating whether converting to a real estate investment trust would be of benefit to its shareholders. The news pushes the company's share price to a new 52-week high.

CUPERTINO, CA-The planned four-story building here will contain about 20,000 sf of retail, 12 two-story townhouses and 68 flats. Hearthstone, an institutional investor in residential development, is funding the project while SilverStone, run by former Legacy Partners SVP John McMorrow, is providing the development expertise.

NEW ORLEANS-A stock sale by locally headquartered Sizeler Property Investors prompts Boston-based First Union Equity and Mortgage executives to publicly question the motive of Sizeler executives and attempt to stop the sale, which in turn prompts Sizeler executives to question First Union executive Michael Ashner's motive and commence its own legal action.

NEW ORLEANS-A stock sale by locally headquartered Sizeler Property Investors prompts Boston-based First Union Equity and Mortgage executives to publicly question the motive of Sizeler executives and attempt to stop the sale, which in turn prompts Sizeler executives to question First Union executive Michael Ashner's motive and commence its own legal action.

TRACY, CA-The owner of the 100%-leased center here closes on an 80% 10-year loan with a 30-year amortization that carries an interest rate in the 5% range.

VANCOUVER, WA-The transportation and utility infrastructure gets under way for an eventual 85-acre business park and a 47-acre retail complex that will be anchored by a Wal-Mart.

SEATTLE-The locally based owner of several Northwest restaurants begins accepting reservations for the 18-room inn it has built out above its El Gaucho steakhouse on First Avenue and Wall Street in Seattle's Belltown neighborhood.

SACRAMENTO-A division of Newton Square, PA-based GMH Communities Trust acquires a property here serving California State University for $51.4 million.