VANCOUVER, WA-The $5.9-mil refinancing, arranged by Prudential Mortgage Capital Company on behalf of Fannie Mae, is for seven years and carries an interest rate of 6.78%.

SEATTLE-Mayor Paul Schell's office says the city plans to spend another $2.4 million transforming the property into open space because it sits across from a new library and neighborhood center.

SEATTLE-The new terminal, constructed primarily of glass and steel, will offer views of the airfield and Olympic Mountains. Construction is expected to take approximately three years but "it will put the heart back into the airport," according to airport officials.

SEATTLE-"But that's what happens when tenants sign 10-year agreements," says Arne Gillam, director of leasing for Unico Properties, who recently resigned five tenants to space at Unico's One and Two Union Square properties in Downtown Seattle.

SEATTLE-The 75-unit complex by Harbor Properties is scheduled for completion in July 2002. Pre-leasing will begin next spring. The locally based developer is also working with Paul Allen on an office building in the South Lake Union area.

SEATTLE-Despite missing Robertson Stephens' earnings estimate by a penny this week, analyst Jay Leupp views the self-storage REIT's first quarter results as moderately positive -- especially new store openings. The company's stock price hit a 52-week high last week.

SEATTLE-Wright Hotels says the building will contain 400 guest rooms, 1,300 square feet of retail space, a 125-seat restaurant, below ground parking for 116 cars and approximately 11,000 square feet of meeting rooms.

TACOMA, WA-An area between the downtown Sheraton Hotel and the Foss Waterway is rumored to be the most realistic option for the center's new executive director to realize his goal of having a new facility built.