FARMERS BRANCH, TX-Cobalt Capital Partners and USAA Real Estate Co. quietly acquire the headquarters and distribution center of Texas Wholesale Building Materials Inc., which has 13 years left on its lease term.

CELINA, TX-A highly watched land transaction gets to the closing table as Rex Glendenning picks up 232 acres for the Texas Land Fund. The land play comes four months after 1,120 acres trade to Glendenning-built partnerships.

DALLAS-The first eBay drop-off store in the metroplex lands at Pavillion North. The franchise developer takes 1,740 sf with a five-year lease and five-year option. If all goes as planned, the store will be ready for an April 24 seminar and opening by month's end.

DALLAS-A local HVAC and fire systems contractor succeeds in closing a sale that fell out twice in 2.5 years of marketing. Buyer Tigerflow Systems pays about $1.1 million to US Can for the six-acre, 4034 Mint Way holding in South Dallas.

LANCASTER, TX-Land sales begin with three developers of a 1,500-acre, mixed-use plan that's likely to break ground in six months. Harvest Real Estate Partners, the development side's point man, gets the first take-down, including commercial land.

DALLAS-The drug store chain is eyeing fall openings in Frisco, North Richland Hills and Hickory Creek. The pad site purchases were in the pipeline before the parent company put the chain on the block so it's full steam ahead with the plan, the broker says.

DALLAS-Sabre Realty Management simultaneously closes 10-year loans, with a 75% LTV and 6.13% fixed-interest rate with GE Asset Management. The 59,945-sf Midway Hills and 36,857-sf Rockwall Central act as the collateral.

DALLAS-The honor, accorded for track record and NAIOP involvement goes to a locally based firm with a 2003 work list that delivered 1.3 million sf, valued at $133 million, of which 895,000 sf in four build-to-suits rose in the metroplex's bounds.