SEATTLE-Following its merger with a separate operating group of Georgia-Pacific, Plum Creek will be the second largest private timberland owner in the United States, with more than 7.8 million acres of timberlands located in 19 states.

SAN FRANCISCO-The real estate company's stock is back over $1 on news that its new majority owner has acquired Navillus Associates LLC, one of only two companies bidding to be master redeveloper of Treasure Island, the naval base in Frisco Bay.

SEATTLE-The locally based commercial building contractor and construction manager is recognized as one of the "Best Places to Work" in Washington State by Washington CEO magazine.

SEATTLE-Essention Inc., a Seattle-based application service provider of property and facility management solutions, will be feted at Realcomm this weekend for best use of the Internet in support of facilities management.

RENTON, WA-Prudential Mortgage Capital Company says it originated a $3.1 million refinancing for the 650-unit Springfield Apartments. The 10-year Fannie Mae loan carries an interest rate of 7.055%.

OLYMPIA, WA-"It is really exciting to be part of this pilot project," says Bill Jones, manager of Pioneer Title Co., the subsidiary. "As the oldest title company in Thurston County, we are proud to be doing something that may revolutionize our business.

BELLINGHAM, WA-The 15,120 square-foot facility was completed last fall and opened for business in December. The sale, part of a 1031 tax deferred exchanged by an out-of-state investor, was for $5.4 million.

VANCOUVER, B.C.-Currently under construction in downtown Vancouver, Bentall Five is a 566,000-sf structure being built in two phases within the Bentall Centre complex, which already tallies an impressive 1,451,000 sf of office and retail in four existing buildings.