PORTLAND-Umpqua Holdings Corp. receives $70 million in capital financing to fund the cash portion of the previously announced $215-million merger with Centennial Bancorp. The transaction is expected to close in the fourth quarter.

SEATTLE-On the site of a former candy factory in the Uptown area of lower Queen Anne hill, the five-story, 50-unit upscale product will be completed in mid-December. The units will range is size from 700 sf to 1150 sf, and in price from $320 per sf to $350 per sf.

PORTLAND-Three executives who will be intricately involved in major redevelopment projects throughout the Northeast quadrant of the city's central business district will discuss the past, present and future of the area Thursday morning at the Multnomah Athletic Club.

SEATTLE-One of the largest multi-tenant buildings west of the Mississippi at 1.8 million sf, the building blends retail, office, warehousing, manufacturing and distribution functions. It is home to 50 tenants including Starbucks, which keeps its world headquarters in the building.

PORTLAND-Three executives who will be intricately involved in major redevelopment projects throughout the Northeast quadrant of the city's central business district will discuss the past, present and future of the area Thursday morning at the Multnomah Athletic Club.

PORTLAND-Publicly traded StanCorp Financial Group Inc. completes its initial public debt offering of $250 million, $200 million of which will be used to acquire the group life and disability business of Teachers Insurance and Annuity Association, a major commercial real estate lender.

SALEM, OR-The as-yet unidentified material, noticed leaking from an envelope being opened in the mail room, was tested on site by a haz-mat crew and determined to be innocuous. Those exposed were allowed to leave the building a few hours after the discovery. The envelope contained a threatening letter.

PORTLAND-The competition for Portland commercial real estate information just got a lot stiffer, but the local chapter of the Commercial Association of Realtors says it's ready to stand its ground.