LAFAYETTE, CA-The Lafayette-based REIT said it renewed 23 of 27 expiring leases during the second quarter at an average lease rate that was 9.4% below the average rate of the expiring leases.

PORTLAND-The distributor of printing and imaging papers, packaging systems and maintenance supplies is relocating from three buildings at Commerce Park McLoughlin to the one-building I-84 Industrial Center in Gresham.

PORTSMOUTH, NH-Responding to queries from Lodging Econometrics, many developers said the continued slowdown in guestroom demand has them reluctant to advance projects up the development pipeline or to make any new project announcements.

PRIMM, NV-Coral Gables, FL-based Talisman Companies acquired Fashion Outlet of Las Vegas two years ago when it was 30% vacant and has raised occupancy to 93%. GMACC funded the $65-million fixed-rate permanent loan using NetFunding.com's loan origination system.

MINNEAPOLIS-The law firm of Fabyanske, Westra & Hart will relocate its Minneapolis headquarters into 27,000 sf of office space at LaSalle Plaza in Downtown Minneapolis.

RENTON, WA-The Chicago-based aerospace manufacturer says it plans to turn out the lights on 4,000 to 5,000 more jobs than it previously planned from its locally headquartered Commercial Airplanes division by the end of the year.

WALNUT CREEK, CA-KBS Realty Advisors acquired the building in March for about $60 million, or $190 per sf. Loopnet shows slightly more than 85,000 sf available in the two-building, 319,000-sf class A office complex.

PORTLAND-Portland State University plans to acquire the 40,000-sf building on Southwest Corbett Avenue during the first 18 months of its recently signed five-year lease. After 18 months, its discounted lease rate rises to market rate. The building traded earlier this month for $3.85 million.