PACIFICA, CA-The Trust for Public Land obtains the 105-acre tract at Mori Point with a $3.3 million bid at an auction held at the Marriott Hotel in Burlingame.

RENTON, WA-The multifamily developer is aiming high with a new project here that will feature upscale townhome-style apartments and "European flats" with rents ranging from $1,300 to $2,080 a month.

VANCOUVER, WA-City code, however, appears squarely on the side of developer C.E. John Co., which is winning key approvals toward construction on a sand-filled lot that Beaches restaurant uses for volleyball and barbecues.

LOS GATOS, CA-The city council here rescinded recently a city auditor's decision to extend the city's business license requirement to commercial property owners who lease space.

SAN FRANCISCO-The brokerage ups its recommendation from "hold" to "accumulate" for the apartment REIT that is busy wiring its holdings for high-speed Internet access.

CUPERTINO, CA-Arthur J. Gallagher & Co. of Itasca, IL acquires locally-based R.G. Speno, Inc. Insurance Brokerage along with two other companies, and then watches its stock price rise to a new 52-week high.

SALEM, OR- With financing and a building permit still in the works, the architect for the project has said construction will start at the beginning of 2001, and a 6,000-square-foot restaurant will open that summer.

PARK JUNCTION, WA-After hearing final arguments this week, a Pierce County hearings examiner will take a few weeks to decide whether the county should grant a land-use permit to allow a 440-acre, $80-million resort near here.