SEATTLE-Having paid $32.25 million for another 34.85% of the 933,000-sf mall, Glimcher Realty Trust now owns a 72.69% share. Glimcher and partners acquired the mall in late 1997--when vacancies were 30%--for $103 million in debt and equity.

SEATTLE-L.J. Melody & Co., a national real estate investment-banking firm, arranges the permanent loan for the office building located at 2401 Fourth Avenue and Battery Downtown.

BELLINGHAM, WA-In an effort to protect sensitive watersheds during the rainy season, Whatcom County officials pass an interim rule that bans land clearing for seven months of the year. Land owners and builders are concerned the new guidelines could cost them money.

TACOMA, WA- Local officials will vote to OK agreements hammered out between the city and representatives of the Harold E. LeMay Museum. Up for review is whether the 500,000-sf project is to rise on 9 acres in the parking lots next to the Tacoma Dome.

BELLEVUE, WA-The semiconductor manufacturer inks deal to occupy 19,154-sf in the three-story, 50,000-sf property. RidgePointe is located at the intersection of 156th Avenue NE and Bel-Red Road, immediately adjacent to Microsoft's Redmond, Wash. campus.

SEATTLE-The City determines an environmental impact statement will not be required for the proposed International District Village Square II development, which is to include 57 apartments above 7,360 sf of retail, a 4,350-sf public library and a 15,900-sf community center.

SEATTLE-L.J. Melody & Co. arranges the permanent loan for the 398,500-sf property. Bear Stearns provides the funding on behalf of Selig Real Estate Holdings Five

SEATTLE-A foreclosure sale originally scheduled for late June will instead take place Aug. 16. The delay gives the New York real estate partnership that owns the former U.S. West Building at 1200 Third Ave. more time to negotiate with its lender, Lehman Brothers Holdings.