WILSONVILLE, OR-The sale marks the first time in the Portland region that a grocery- and drug-anchored neighborhood center has sold at a sub-7% capitalization rate, according to the broker in the transaction.

SYDNEY-In an off market transaction, NRMA Motoring and Services, JF Meridien Trust and James Fielding Trust form a joint venture that is under contract to acquire from Pritzker family interests all eight of the Travelodge Hotels in Australia, together with the Travelodge brand and trademark rights for approximately 30 countries.

SYDNEY-In an off market transaction, NRMA Motoring and Services, JF Meridien Trust and James Fielding Trust form a joint venture that is under contract to acquire from Pritzker family interests all eight of the Travelodge Hotels in Australia, together with the Travelodge brand and trademark rights for approximately 30 countries.

TACOMA, WA-The Seattle-based real estate company acquires a seven-story multi-tenant medical office building on MultiCare Health System's Allenmore Hospital campus here as part of an effort to diversify its CBD office-heavy portfolio.

PORTLAND-Unable to release the "full proposals" as promised after one previous delay, the city's urban renewal agency produces bulleted briefs of the competing plans showing who's aligned with whom, number of floors and parking spaces, project schedule and whether the 800 required rooms would be delivered in phases.

APEX, NC-Consolidated Theaters will occupy a 40,000-sf building at Beaver Creek Crossings, a planned $80-million regional shopping center here for which construction will begin this quarter.

SAN FRANCISCO-At the same time it is marketing 2.3 million sf of office properties in the region for sale, the Chicago-based office REIT pays $19.2 million for the ground lease interest in a two-building, 98,000-sf complex San Francisco's Mill Valley submarket.

BELLEVUE, WA-As steelwork is completed today for the 310,000-sf retail portion of the 1.4 million-sf, estimated $360-million mixed-use project, developer Kemper Freeman announces two new tenants and promises a November opening.