OLYMPIA, WA-Following a stronger than normal July, Washington State's seasonally adjusted unemployment rate rose from 6% to 6.2% last month, according to the state Employment Security Department.
SAN FRANCISCO-Just like their brethren did Monday in Los Angeles and Washington, DC hotel workers in San Francisco voted Tuesday night to allow union leaders to authorize a strike, a date for which has not been set.
ISSAQUAH, WA-The 55,225-sf office building, which the Seattle-based nonprofit healthcare organization is leasing long-term from the state Department of Natural Resources, is being transformed into the region's first stand-alone emergency room.
SPRINGFIELD, OR-The Bellevue, WA-based nonprofit healthcare system purchases the 327,000-sf former compact disc manufacturing plant and the surrounding 35 acres for $16.9 million. The facility will be occupied by PeaceHealth's Oregon Medical Laboratories, which serves as a reference laboratory for hospitals in Oregon, Washington and southeastern Alaska.
NEW ORLEANS-The New York-based development company focused on the revitalization of urban retail ties up a 90,000-sf retail property here that is located on Canal Street in the city's jewelry district.
SANTA ROSA, CA-The Phoenix-based unit of Minnesota-based Opus National will start delivering units this month at the Boulders, a 120-unit luxury complex near the Fountaingrove Resort and Country Club and the Overlook, the company's other upscale apartment property in the city.
PORTLAND-ScanlanKemperBard Cos., a locally based real estate merchant banking and development advisory firm is branching out into the world of TICs and REITs.
LACY, WA-Vintage Capital Group LLC, a Los Angeles-based real estate investor this month expects to begin renovating the 120,000-sf former HomeBase retail warehouse in the Martin Village Shopping Center. The building will be anchored by a 16-screen Regal Cinema.
TOKYO-Looking to expand the scope and volume of its investing in Asia after five years in the market, Starwood hires two new executives who will co-direct its branch office here.
SEOUL-Executives from HRH Construction and Trump Hotels and Casino Resorts arrive here this week to sign a memorandum of understanding for a $3-billion investment in the Jeonnam region. A second investment mission--including Busch Entertainment Corp. and Starwood Hotels & Resorts--is coming in October. Total investment could hit $10 billion with government support.