SAN FRANCISCO-The drop has been about 15% over the past year, according to a new report by RealFacts. Rents have not been this low since early 2000. The good news is that the rate of decline is slowing.

LOS ANGELES-Westfield America acquires nine regional shopping centers totaling 9.7 million sf (gross leasable) for $41 million in cash, $210 million in equity and $505 million of mortgage debt.

PORTLAND-With significant leasing work in the building's near-term future, a Florida-based LLC is looking to unload the 109,000-sf Jantzen Park office complex near Interstate 84 in Northeast Portland. Adidas America, though signed on for 70,000-sf in the building until 2005, is preparing to relocate to its new headquarters in North Portland.

PORTLAND-In his just-released biannual market report, local hotel specialist Ed Dundon presents evidence that the market will start to turn up during the final three months of the year and 2003 will bring up to 3% RevPar growth.

PORTLAND-In his just-released biannual market report, local hotel specialist Ed Dundon presents evidence that the market will start to turn up during the final three months of the year and 2003 will bring up to 3% RevPar growth.

PORTLAND-Wyse Investments buys a 30,000-sf building in the Cornell Business Park; Kleinfelder, an engineering design firm, renews and expands its lease to 12,680 sf at Woodside Corporate Park, and; Communications Product Development leases 14,400 sf at Columbia Tech Center in Vancouver, Wash.

PORTLAND-After expanding and redesigning the project last year into a 10-story mixed-use project, Vancouver, WA-based C.E. John is back to the five-story building it originally planned on land it owns at Northwest 10th Avenue and Hoyt Street, only this time it's all apartments and being developed in partnership with Trammell Crow Residential.

PORTLAND-The City Council here appears amenable to increasing restrictions on the demolition of historic buildings, but incentives for renovation may also be on the way.