GRESHAM, OR-JR Furniture leases 38,000 sf at the 125,000-sf retail center for its first store in the Portland market. The commitment takes Gresham Center to 81% leased from 60% this time last year.

LONDON-The locally headquartered property investment and management firm pays £8.8 million ($15.8 million) for three industrial properties totaling 575,000 sf. The seller is an American-owned motor industry provider that has leased back all three locations on 15-year leases.

PORTLAND-The city reaches its maximum indebtedness limit of $72.6 million for the district, which means from now on the tax increment income from the district can only be used to retire bonds, with the overage returned to the taxing jurisdictions.

SEATTLE-Touchstone Corp. selects Egis Real Estate Services to manage the 9th & Stewart Life Sciences Building, a new 215,000-sf biomedical development that will be anchored by Corixa Corp.

PLEASANTON, CA-Next month, the city council here will vote on a draft master plan for creating a cohesive government campus from what is now an aging and inefficient arrangement.

REDWOOD CITY, CA-The Redwood City Council approves Marina Shores Village, a major mixed-use development slated for land along the city's bayfront that will include nearly 2,000 residential units in 17 buildings rising as high as 21 stories.

CARY, NC-On behalf of its sixth institutional investment fund Aslan Realty Partners II LP, the Chicago-based company acquires two five-story office buildings here along with an adjacent land parcel. The class A office buildings were 73% leased at the time of sale.

PORTLAND-As part of a settlement with his former partners, local developer Paul Brenneke, as CEO of Avalon Holdings LLC and majority partner in Avalon Hotel Developer LLC, is now the 91% owner of Avalon Hotel Partners LLC, the entity that owns the hotel & spa and the adjacent Rivers Restaurant property in the John's landing neighborhood.