SEATTLE-The final phase of the largest mixed-income housing development the Central

NEW ORLEANS-The 26-story, 450-room development is expected to open here in early 2006, adjacent to Harrah's New Orleans Casino at the bottom of Canal Street. In addition to the hotel tower, two nearby vacant buildings will be returned to commercial use.

PORTLAND-Using its power of eminent domain, the city's urban renewal agency acquires the Doubletree Portland Downtown Hotel from publicly traded Boykin Lodging of Cleveland for $19.7 million. For the same price, the hotel was simultaneously transferred to Portland State University for student housing and conference space.

KENT, WA-Locally based Norvanco International Inc. inks a short-term lease for the largest speculative industrial building ever constructed in the Kent Valley. The triple-net lease rate is believed to be in the low $0.30s per sf per month.

SAN RAMON, CA-Rreef is the new owner of Country Club Village, a grocery- and drug-anchored center here developed by Spieker Properties in 1995. The seller was Jacksonville, FL-based Regency Centers.

MOODY, AL-The New York-based REIT pays $11.5 million in cash and debt for a 600,000-sf distribution facility leased to a logistics firm through 2014.

LONDON-With about $244.2 million in equity raised so far, the fund will invest in properties in Italy, France, Holland and Austria that are owned by London-based designer outlet mall developer McArthurGlen, which will retain a 10-20% stake and also manage the properties.

SACRAMENTO, CA-On the strength of renewed employment growth and positive migration trends, the local retail market will see positive absorption push down on vacancy and pull up on rents in 2004, according to the latest retail report for the region.