The Dallas-based JV's development program, which could includespec space, swings into motion for key intersections along thePresident George Bush Freeway or Texas 190. There are 50 acres atits junction with Custer Road in Plano; 40 acres at the kissingpoint with Campbell Road in Garland; and 10.3 acres at the GatewayBoulevard crossroads in the Las Colinas section of Irving. A2.95-acre tract at the Texas 114-West MacArthur Road intersection,also in Las Colinas, stands alone as a restaurant site because itsits on the doorstep of Nokia Americas headquarters, a 295,000-sfclass A office, that Koll built on Rosewood land about 11 yearsago, the genesis for the today's JV.

The long-time landowner was "waiting for these respectivemarkets to mature," Bill Guthrey, Koll's senior vice president,tells GlobeSt.com. "It sounds too good to be true, but the realityis they are all very high-profile sites."

In an early run at the market, Guthrey has proposals pending forthe Las Colinas office site and the Plano land. A decision could bein hand within 60 days.