BIRMINGHAM, AL-The garden-style Valley Ridge Apartments here were built in 1964 and 1972. The buyer is Asset Development & Management Group, a regional real estate investor.

SEATTLE, WA-The developer of the Landmark Apartments in the Ballard neighborhood sells the 35-unit property for a healthy profit after holding it for eight years. The new owner is a local family trust.

VANCOUVER, WA-One of the largest and oldest law firms here has leased 15,000 sf on the top floor of the 200,000-sf Downtown office building. The space is being made available by building owner CenturyTel, which occupies several floors in the building but is in the process of downsizing its West Coast regional offices.

SAN FRANCISCO-Pacific Resources, a Taiwan-based real estate investment group sells the 430,000-sf mixed-use Market Street property to Atlanta-based Jamestown, which plans to package the asset with four others to create a new fund that, like all of its funds, will be marketed to large groups of individual German investors.

CONCORD, CA-The owner and operator of grocery-anchored retail centers acquires an aging but well-located shopping center here with plans for a significant redevelopment that is already drawing interest from retailers.

PRAGUE-The Hightstown, NJ-based commercial real estate services firm adds to its coverage with MIPA, a company founded here in 1991 as Muller International Property Agents and bought out by management in 1996.

PORTLAND-Columbia Bancorp of Dalles, OR opens its first commercial loan office in Portland and stocks it with a former vice president of commercial lending for Umpqua Bank.

KENT, WA-Robertson properties Group of Los Angeles announces plans to develop a community retail center in the Midway area built around a 167,000-sf Lowe's Home Improvement Warehouse.