SUNNYVALE, CA-While in escrow to purchase a 55,000-sf building here recently from publicly traded Mercury Interactive, Landbank Investments of Menlo Park leases the entire building to Spirent Communications Inc.

SAN ANTONIO-The industrial REIT from Jackson, MS acquires a well-leased 524,000-sf business park here that comes with developable land that can hold an additional 170,000 sf of buildings. The company's only other asset in the market is the 253,000-sf Alamo Downs Distribution Center, which it acquired in 2004.

SAN ANTONIO-The industrial REIT from Jackson, MS acquires a well-leased 524,000-sf business park here that comes with developable land that can hold an additional 170,000 sf of buildings. The company's only other asset in the market is the 253,000-sf Alamo Downs Distribution Center, which it acquired in 2004.

REDMOND, WA-Public review of Microsoft's 2.2-million-sf headquarters expansion plan begins this week with an open house the company is hosting Thursday night.

FREMONT, CA-ARYx Therapeutics is relocating its headquarters here from Santa Clara. The company has leased an R&D building within Ardenwood Corporate Park.

PORTLAND-In deference to a staged expansion lease that eventually will make the Southern, OR-based West Coast bank the building's largest tenant, owner Equity Office Properties accordingly renames the 19-story building.

SEATTLE-Thanks to a discounted rent from owner Yuen Lui, Spruce Street School not only is able to remain in the neighborhood but also gets a dramatic facility upgrade.

PETALUMA, CA-The Redwood Gateway retail center, being developed here by Robertson Properties Group, is anchored by an un-owned 96,000-sf Kohl's department store that recently opened. Additional commitments have been received from Pier 1 Imports and Michael's for the remaining 62,500 sf that will open this spring.