PORTLAND-Local developers Homer Williams and Gordon Sondland add John Carroll to their joint venture, decide to delay the hotel because of the current market and begin gearing up to develop the condominiums, which will now be built in one taller tower instead of two shorter ones.

PORTLAND-Despite Oregon's slight reduction in unemployment rate last month, the March payroll employment figures show Oregon has been slow in seeing signs of an economic rebound, says the latest monthly report from the Oregon Employment Department.

PORTLAND-For not more than $2.45 million cash and responsibility for maintaining a chunk of Martin Luther King Boulevard, the city will purchase from the Oregon Department of Transportation several properties on the East bank of the Willamette River, including the 80,000-sf Holman Moving and Storage building.

PORTLAND-The state this week filed a court challenge to the U.S. Dept. of Interior's determination that a parcel of land in Florence is eligible for Indian gaming. The parcel is owned by the Confederated Tribes of the Coos, Lower Umpqua and Siuslaw Indians.

FEDERAL WAY, WA-Commercial Ventures Inc. acquires two neighboring Federal Way Apartment complexes for $19.2 million, or more than $57,000 per unit. The blended cap rate was 7.25% based on current occupancy, which is below 90%.

PORTLAND-The outdoor gear chain's long-term lease deal for a planned building between Johnson and Kearney streets also should spark other redevelopment projects on the restaurant-heavy Pearl District's west end, which abuts Interstate 405, providing good freeway visibility.

PORTLAND-The seller acquired half the building four years ago for $11.07 million. The building is 95% leased, although the federal Bureau of Land Management has vacated 80,000 sf for which it is still paying rent.

LANCASTER, CA-The mall consists of 26 buildings comprising 300,077 net rentable sf.