Portland, OR

PORTLAND-A division of freight hauler Schneider National takes one-third of the smaller building at the first phase of Rivergate Corporate Center, a 488,000-sf speculative project by Multi-Employer Property Trust. A 400,000-sf user may soon help launch the 607,000-sf second phase of the development.

PORTLAND-Umpqua Holdings Corp. receives $70 million in capital financing to fund the cash portion of the previously announced $215-million merger with Centennial Bancorp. The transaction is expected to close in the fourth quarter.

PORTLAND, OR-The Portland outpost of Zions Small Business Finance, a Division of California Bank & Trust, has gained the Small Business Administration's "Preferred Lender" status, which means faster loan approvals on real estate purchases, among other things.

PORTLAND-A legal dispute over the city's systems development charges related to Downtown's newest office tower is settled with developer Tom Moyer receiving a $123,326 refund.

PORTLAND, OR-Cascade Biologics will move its corporate headquarters to Custer Street Building when renovations are completed later this year.

SALEM, OR-The names of the companies and the extent of their plans are being held close to the vest at this time, but one would manufacture sports equipment in the Portland area and the other wants to produce printer components in Salem. Both would be built next year.

VANCOUVER, WA-After a two-month delay to adjust plans for a larger underground parking garage, work resumed this week in the 35-foot deep hole east of Esther Short Park in downtown Vancouver. Cranes and concrete will arrive next month.

DESCHUTES COUNTY, OR-High Desert Development Partners of Los Altos, CA, is proposing 420 houses, 180 condominiums, a hotel and a conference center as well as two golf courses, tennis courts, swimming pools and equestrian facilities on 640 acres between Bend and Redmond.