DALLAS-Koll Development Co. debuts as a multi-faceted solutions provider with a one-million-sf sale/leaseback to a Fortune 500 client. The first deal, which must close by July 31, will bring a 250,000-sf build-to-suit and 2,000 jobs to Dallas-Fort Worth.

RANCHO MIRAGE, CA-Thunderbird Country Club's $18-million rehab is nearly wrapped up, with build-out slated for October 2003. The project has resulted in the demolition of the prior facility and construction of a new clubhouse and gym.

MCLEAN, VA-And the hits just keep on coming for home and multifamily mortgage lender Freddie Mac. The office of the US Attorney initiates an investigation into possible illegal activity resulting in faulty earnings reports, and the SEC--after months of informal inquiries--announces the beginning of its own official investigation.

SHELTON, CT-The New England Technical Institute has signed a 10-year lease for 31,500 sf of space at 8 Progress Dr. here. The school plans to offer culinary arts, practical nursing and electrician training courses at the campus.