BEAVERTON, OR-The movie theater chain will break ground this week on a new 16-screen location at the 775,000-sf former Beaverton Mall, which has been renamed Cedar Hills Crossing and is undergoing a $35-million renovation and expansion.

OLYMPIA, WA-Later this month, the Washington Department of Natural Resources will auction off leases for 324,000 acres of state-owned land that has the potential oil and gas production.

COLUMBIA, SC-Equity One Inc. completes its purchase of Sparkleberry Square, a development here that got underway in 1997 and is ongoing. One of the largest open-air retail properties in South Carolina, the complex is 97% leased.

PALO ALTO, CA-The former VP of acquisitions for Morgan Stanley Real Estate Funds in New York City is now overseeing all real estate acquisition activity for Divco's $290-million real estate fund, which last fall acquired San Francisco's 770,000-sf Market Center for $80 million.

PORTLAND-With the 402,000-sf first phase of RCC II fully leased, the building is being expanded to 607,000 sf. Local brokers tell GlobeSt.com that the expansion likely wouldn't be occurring if there wasn't a tenant already in hand, as there is still half of RCC I to lease up.

TUMWATER, WA-A recently formed bottled water company from Nevada pays Miller Brewing $14 million for its idle brewery property here and the associated water rights. The brewery opened in 1896 to produce Olympia beer.

PINEY FLATS, TN-The Home Shopping Network is purchasing the property for use as a catalog distribution center. The sale is being touted as the largest industrial real estate transaction in Tennessee in the past decade.

SYDNEY-Construction of Darling Park 3 will begin here immediately now that 50% of the 312,000-sf building has been preleased to Marsh & McLennon group companies. Lend Lease is developing the property for General Property Trust.