SEATTLE, WA-The Seattle Public Library would pay $1.2-million for the bank site at 2821 Beacon Ave. S., pending the okay of the library board of trustees when it votes on the issue in late January.

SEATTLE, WA-The financial community seems to regard the opening of the branch - after the recent opening of a Goldman Sachs office and in the midst of a struggling - as a strong statement of confidence in the city's economic future.

HOUSTON-Industrial Holdings is shifting gears in a move to focus on energy-related businesses. The Houston-based corporation is seeking a buyer for four subsidiaries comprising its Engineered Products Group.

HOUSTON-Wulfe & Co. and the city have landed their first two anchor tenants for a 700,000-sf redevelopment of Gulfgate Center. The goal is to restore the city's first mall, once the talk of the town, to its former heyday.

HOUSTON-Wells, an Atlanta-based REIT, has shelled out $45 million for the class-A Enclave Parkway. The top-of-the-line property, totaling 312,564 sf, is fully leased to Stone & Webster and Sysco Corp.

HOUSTON-Let the people decide, say light rail opponents. The opposition group has submitted petitions for a citywide referendum, sparking a debate as to the number of signatures needed to take the issue to the people.

SEATTLE-The estimated $70-million sale price is all the more spectacular knowing the seller, San Francisco-based Rreef Funds, bought the 286,000-sf office tower for $34.6 million in December 1996 from G.E. Capital Investment Advisory Group.

HOUSTON-Halliburton Corp., which once had Vice President-elect Dick Cheney at its helm, is restructuring its financially strapped engineering and construction business. The business will be a separate entity after sustaining a 21% drop in third quarter revenues.