SAN FRANCISCO-Tishman Speyer last month closed on its $51-million acquisition of the 75,000-sf development parcel entitled for a 640-unit high-rise residential development. A groundbreaking is tentatively scheduled for the spring.

PORTLAND-Three development groups this week will present their vision for a five-block area at the east end of Burnside Bridge. Two of the groups envision a big-box home improvement store as their anchor.

PORTLAND-The home improvement retailer will soon be under construction at Interstate 5 and Hayden Meadows Drive for a 116,00-sf store, its 10th in the state. The store is expected to open next fall.

ANGUILLA-The 27-acre resort will be developed on a bluff here overlooking the Caribbean Sea on the west end of the island. The Viceroy Anguilla Resort & Residences will offer 50 five-star boutique hotel rooms and 52 ocean-front villas and condominiums.

MARLBOROUGH, MA-The router maker's lease here encompasses approximately 100,000 sf at Marlborough Corporate Place, which is owned by San Mateo, CA-based Glenborough Realty Trust.

ZURICH-Switzerland's second largest bank plans to combine its US investment unit, Credit Suisse First Boston, with its private banking business, and float its Winterthur insurance arm on the stock market.

SACRAMENTO, CA-With plans to convert the units to condos, a private investor pays $39.4 million or $144,853 per unit for Rollingwood Commons, a 27-acre multifamily development located in the Sacramento suburb of Fair Oaks.

REDMOND, WA-Three months after paying $31 million for the 226-unit Evergreen Park Apartments located adjacent to Microsoft's world headquarters, the San Francisco-based apartment REIT buys the neighboring 197-unit property for about the same price.