Church buys Camas bar & grill
Journey Community Church bought the 10,330-square-foot Columbia River Bar and Grill building at 304 N.E. Fourth Ave. in Camas, which will be converted to a church.
RVR Investments LLC sold the building for $710,000. Mike Lamb of Windermere Real Estate Stellar Group represented the church and Greg L. Goforth of Coldwell Banker Commercial Jenkins-Bernhardt Assoc. represented the seller in the transaction.
CCU earns preferred status for SBA loans
Vancouver-based Columbia Credit Union was designated a preferred lender by the U.S. Small Business Administration. The new status allows CCU to approve SBA-guaranteed loans with minimal review and give members faster responses to their loan applications.
Papa Murphy’s profit grows 17 percent
Vancouver-based Papa Murphy’s International closed 2008 with a $585 million profit in U.S. sales – a 17 percent increase from 2007. The company opened 102 new locations in 2008, totaling 1,135 stores in the U.S. and Canada.
RETAIL BRIEF
Wash. toy safety law takes effect
As of Feb. 10, toys cannot be sold in Washington if they have more than 600 parts per million total lead or more than 0.1 percent of certain phthalates.
The total allowed lead limit will drop to 300 ppm Aug. 14. Sellers of used toys aren’t required to certify their products, but are urged to avoid products that likely contain lead unless testing information is available.
RETAIL TREND
King County bans artificial transfats
A ban on artificial transfats went into effect Feb. 1 for food-related businesses in King County.
The ban means no fresh products with 0.5 grams or more of transfat per serving can be served in restaurants, bakeries, delis, grocery stores or at temporary events. The rule does not apply to food sold in a manufacturer’s original, sealed package, according to the Washington Retail Association and the King County Board of Health.
