HOUSTON-Alan R. Kofoed becomes the new vice president of construction while Tracy Pursell is cast in the role of director of investor relations. In light of the REIT's activities of the past year, Kofoed will be especially busy.

PHOENIX-Car Guys releases an occupied 22,806-sf vehicle repair facility along 43rd Avenue to a Mesa-based investment group. A second transaction sews up another retail location for Sleep America.

HOUSTON-After 14 years of ownership, the time has come to sell the Boone Road complex. The Massachusetts owner's holding is assessed at $4.6 million. It is representative of the product type that's favored right now.

CHANDLER, AZ-Equus Realty Advisors pays 67% below replacement cost for the 103,914-sf Rocky Mountain Financial Center in a market with a 30% office vacancy. More buys are coming, thanks to a $300-million coffer targeting California and Arizona.

HOUSTON-This morning, Lynxs Group and CB Richard Ellis will break ground on a 170,000-sf cargo facility, the first of four sites designated as East Side Cargo City. It is part of a $2-billion expansion at the George Bush Intercontinental Airport.

TEMPE-The Irvine, CA-based nutritional supplement manufacturer tenders a letter of intent to take over a competitor's factory in Tempe. Seller Twinlab is planning a production shift to existing facilities in New York and Utah.

PALO ALTO, CA-The campaign to build a new store is one step closer to reality as the furniture retailer won on a controversial ballot measure voted on during this month's general election.

SACRAMENTO, CA-The settlement mitigates the impact of lawsuits brought by "bounty hunters"--private attorneys who sue hotel operators for millions of dollars in fines on behalf of the general public alleging violations of Prop 65, the Safe Drinking Water and Toxic Enforcement Act of 1986