ST. LOUIS-With 50% of the space already spoken for, the nonprofit Center of Research, Technology and Entrepreneurial Exchange breaks ground here for a 170,000-sf research lab and office building.

KAPALUA, HI-The publicly traded Maui Land & Pineapple Co. Inc. is leading a joint venture that will redevelop the Kapalua Bay Hotel and neighboring Kapalua Shops property on the west side of Maui beginning in the spring of 2006. The news follows last week's announcement of a billion-dollar addition to Oahu's West side.

CUPERTINO, CA-Chicago-based Heitman Capital Management LLC sells the Oaks Center here to Sand Hill Properties, a San Mateo-based investor that plans to raze a vacant 16,000-sf theater building at the center and replace it with a larger building, according to a broker in the transaction.

SALEM, OR-Falling from a revised November figure of 7.2%, Oregon's seasonally adjusted unemployment is back down where it was in the spring, when it vacillated between 6.7% and 6.9% from April through July.

COPENHAGEN-Skanska Project Development Sweden is selling three office buildings here and another in nearby Ballerup to the Norrporten real estate company.

COPENHAGEN-Skanska Project Development Sweden is selling three office buildings here and another in nearby Ballerup to the Norrporten real estate company.

SEATTLE-One week after the sale of its leased headquarters was announced, the world's largest private philanthropic organization reveals plans to pay $50.4 million for the 12.3-acre, city-owned parking lot on the east side of Seattle Center and develop a new home for itself.

TIGARD, OR-Scheduled for a grand opening in May, the 465,000-sf, open-air shopping center is rising from a 30-acre former quarry at the intersection of Interstate 5 and Boones Ferry Road.