MILWAUKIE, OR-City officials are preparing a request for proposals to redevelop a 1.5-acre former Safeway property in Downtown Milwaukie. Their list of potential developers has been shortened to four. The minimum square footage requirement for the project is 65,000 sf, the maximum 175,000 sf.

BELLEVUE, WA-With General Electric's Business Asset Funding unit re-signed for the long term, Larry Klatt, Unico's regional vice president, tells GlobeSt.com his company's renewed commitment to service is what kept the company from losing the 121,432-sf anchor to its 400,000-sf Skyline Tower office building in Downtown Bellevue.

HILLSBORO, OR-MK Development Co. President Martin Kehoe adds to his stable of retail, residential and industrial properties with a 60,000-sf shopping center that is 100% leased to the likes of Izzy's Pizza, Baxter's Auto Parts, Wells Fargo Bank and Gentle Dental.

LAS VEGAS-Houston-based Revanche LLC sells the 795-room Maxim Hotel & Casino to C.P. Las Vegas LLC, a Kentucky-based owner and operator of franchised hotels that plans to renovate and reopen the property, which has been closed since 2001.

PORTLAND-Late last week, developer Homer Williams and Oregon Health Science University closed on the joint-venture acquisition of 18 acres of industrial riverfront in the North Macadam area, where the university hopes to expand its operations and connect back to its hilltop home with a large aerial tram.

FOSTER CITY, CA-The provider of Data-retrieval technology pays $54 million to get out from under its lease of Parkside Towers, a newly constructed unoccupied office complex in Foster City, and exercises a purchase option on the synthetic lease for its Bayside corporate headquarters in order to sell the property.

PORTLAND-The city's urban renewal agency wants to increase maximum building height for a $72-million hotel and condo urban renewal project north of the Marquam Bridge. The city's planning commission is recommending denial. The City Council is expected to weigh in on the issue next month.

BEAVERTON, OR-The technology services company takes one of two buildings at the park, which is owned by Saltzman Properties. The location will serve as the Minolta branch office as well as other office support functions and surplus distribution space.