SEATTLE, WA-The closure is part of a 50-job, 35% staff cut made in conjunction with IGC's announcement that it will lead no further financings and may not make further investments in its portfolio companies.

SEATTLE, WA-The original design of the project was 480,000 sf in 33 stories, the top ten floors being residential units. An alternate 23-story design now being considered doesn't include the condos.

REDMOND, WA-Micro Standard Distributors has extended its lease of just under 30,000 sf at the San Francisco-based real estate investment advisor's Park East Business Park complex here, and another existing tenant is expanding.

SEATTLE-"The preleasing we've been seeing is previously unheard of in the Northwest marketplace," says Rob Aigner, executive managing director for Colliers International in Seattle. "Certain industries are saying 'we've got to be there'. It's sort of a herding instinct.

SPOKANE, WA-Locally-based Granite Investments LLC has plans near the International Airport here that include a $12.5 million, 110,000-sf office building, a $10 million, 120-room Hilton Gardens hotel and a $15 million, 60,000-sf biotechnology production facility.

KIRKLAND, WA- Trinity Partnership, a Seattle-based apartment investment group, sold the 115-unit development for $9.8 million, or $85,000 per unit. The buyer is Hunt Development Corp. of Cincinnati, OH.

SEATTLE-But with at least four million sf of office space under construction here and the recent flood of sub-leases space coming back onto the market flood, some speculators find themselves a bit nervous.

BELLEVUE, WA-Key tenants include Centris, a provider of technology space to individual tenants; EMC Corp., a Fortune 100 data storage company; ADITI Co. and Unisys Corp. Only 15,000-sf of space remain available for lease at $27/sf net.