TACOMA, WA-The sale agreement, which still must be approved by the U.S. Bankruptcy Court, includes about 96 acres and related structures located approximately four miles east of downtown Tacoma in the Tideflats industrial area, adjacent to the Blair Waterway, which the Port is redeveloping for container terminal use.

WALLA WALLA, WA-The parent of Banner Bank says it expects to increase the provision for loan losses from $4 million in the third quarter to approximately $7 million in the fourth quarter, substantially eliminating fourth quarter profitability.

SEATTLE-DPR Construction, Inc. will build a 33,000-sf medical office building for Rainier Orthopedic Institute in Puyallup, Wash. Designed by Taylor Gregory Architects, the facility is scheduled to break ground in early 2003.

SEATTLE-King County multifamily permits decreased to 895 units in the third quarter from 1,545 units during the same 2001 period. Occupancies and rents also took a dive, while apartment values rose thanks to new, upscale construction.

RENTON, WA-The locally based company Classmates Online has leased 61,000 sf at Southgate Office Plaza II, a five-story class A office building totaling 155,739 sf. The move allows the fast-growing company to remain in Renton and more than double its current space.

TACOMA, WA-Some of the city's public buildings could be getting new monikers in the near future. City officials will decide today if they will offer naming rights for the Tacoma Dome, the new Greater Tacoma Convention and Trade Center and Cheney Stadium.

MUKILTEO, WA-The $33 million, 235-unit development is located on Harbour Pointe Boulevard between Harbour Reach and Possession Way in the master planned community of Harbour Pointe. Roughly 70 of the Bella Terra units have been leased since completion.

OLYMPIA, WA-In an effort to spur state economic development, Gov. Gary Locke has proposed a budget that includes $311 million in new state facility construction to create 1,100 jobs each year for four years.