PUNTA DOMINCAL, COSTA RICA-The founder of the extended stay brand Homestead Village and Robert Ness, the chairman of Ohio-based ODW Logistics, are developing hundreds of residential units on and near the ocean here and seeing solid demand from Americans seeking affordable beachfront property.

PUNTA DOMINCAL, COSTA RICA-The founder of the extended stay brand Homestead Village and Robert Ness, the chairman of Ohio-based ODW Logistics, are developing hundreds of residential units on and near the ocean here and seeing solid demand from Americans seeking affordable beachfront property.

BELLEVUE, WA-Local brokers Kip Durrell and Jeff Jochums, heretofore a principal at Pacific Real Estate Partners' and a senior vice president at Colliers International respectively, join forces at Cushman & Wakefield.

HILLSBORO, OR-Principal Real Estate Investors acquired the 21-building, 1.2-million-sf business park in November 2004 for $114 million. In August 2005, it sold off 536,500 sf for $54.82 million. The asking price for the next tranche, about 209,000 sf of flex office space leased by Intel and MacAfee, is about $132 per sf.

HILLSBORO, OR-Principal Real Estate Investors acquired the 21-building, 1.2-million-sf business park in November 2004 for $114 million. In August 2005, it sold off 536,500 sf for $54.82 million. The asking price for the next tranche, about 209,000 sf of flex office space leased by Intel and MacAfee, is about $132 per sf.

SACRAMENTO, CA-On behalf of 20 tenant-in-common investors, Los Angeles-based Griffin Capital acquires two office properties totaling 244,770-sf here from locally based Watkins Co.

CHARLESTON, SC-Affiliates of the publicly held hotel and leisure group take out a new $67-million first mortgage on the luxury Peninsula District hotel that also is home to 57,000 sf of high-end boutique retail space.

SEATTLE-In the latest of several moves by local appraisers recently, MAIs Richard Briscoe and Andy Robinson leave their home at Colliers International to join GVA Kidder Mathews.