PORTLAND-After 18 years with CB Richard Ellis, local industrial broker Scott Kappes moves over to Trammell Crow Co., which continues to rebuild its local office after some high profile leavings during the second half of 2002.

OVERLAND PARK, KS-The Overland Park property is 320,198 sf. The Kansas City property is 166,641 sf. Both are being leased back long term by the seller.

SAN FRANCISCO-The locally based C Corporation that is about to become a REIT redeems its 30% interest in a residential development in the Southern California city of San Clemente, CA.

COLUMBUS, OH-The locally based REIT pays $29.65 million for the 940,000-sf property that is 78% leased and about to gain a new 120,000-sf Kauffman's department store.

PORTLAND-The Portland Development Commission, the city's urban renewal agency, will relocate its offices to an historic seven-story Old Town building that it master leased in 2001 in hopes of attracting more creative services firms to the CBD. The PDC has been losing money on the deal ever since.

ISSAQUAH, WA-Locally based Costco Wholesale Corp. signs an agreement to develop a retail warehouse on 20 acres in Olympic Property Group's 320-acre Gig Harbor North development. The retailer is also purchasing a school district building next to its store on the south side of Downtown Seattle.

LIVERMORE, CA-Diversified Collections Services inks a $3-million lease for 24,462 sf on North Canyons Parkway and Chamberlain Associates acquires a 14-acre parcel from Vistar Corp., leases back two buildings to the seller and plans to develop eight excess acres.

PORTLAND-The Portland Development Commission approves the disposition and development agreement with Portland State University for a Downtown hotel property that will be redeveloped with student and faculty housing, conference facilities, retail and parking. Now the PDC just needs to acquire the property from its owner.