HILLSBORO, OR-Washington County wants to sell the land for $7 million for development of a Lowe's Home Improvement store, but its listing on the City of Hillsboro's cultural resource inventory is grinding the process to a halt.

PORTLAND, OR-After 20 impressive years as a broker, Scott Langley is leaving Cushman & Wakefield to take over the president's role from Hank Ashforth, who is bumping himself up to Chief Executive Officer of the locally based company. Today is Langley's first day on the job; he's in Southern California, looking at office properties.

LEBANON, OR-C.R. Kearns, chairman of the locally based, publicly traded company predicts the addition the two properties and three others earlier this month will increase the company's annual revenues to more than $6 million in 2001, a 71% jump from 2000.

CANBY, OR-The Tacoma, WA-based company plans to break ground on 11-acres in the Logging Road Industrial Park here as soon as June 1. The new 188,504-sf facility will replace a smaller one in Wilsonville, OR.

PORTLAND-El Segundo, CA-based CB Richard Ellis is one of four firms that bid on the Port's October Request for Proposals. In the end, it was CBRE's Global Logistics Services Group -specifically focused on the transportation logistics industry - that won over the Port.

PORTLAND-The transfer of 8.3 million sf of industrial properties--all of the REIT's industrial properties in the Portland area and most of them in the San Francisco Bay area--will continue to close throughout 2001.

PALO ALTO, CA-The multifamily REIT's share price is trading at $50.75 today, off 68.75 cents from Thursday's close and $7 from its 52-week high, but $17 above its 52-week low of $33.75.

TUALATIN, OR-Oki America Inc. purchased the land in mid-1989 for just over $3.45 million and sold it to Novellus Systems Inc. last May, along with 65,000-sf of buildings, for just under $12 million. Another 1.4-million-sf is now planned.