LAS VEGAS-Jack Kashani's Los Angeles-based Furniture Mart Enterprises LLC buys 20 acres of Union Pacific land near Downtown for $13 million. Options on neighboring parcels could yield a $750-million World Market Center.

LOS ANGELES-Marcus & Millichap says a slowing economy and a glut of new retail construction will push the county's vacancy rate higher in 2002 while keeping a lid on rents.

PORTLAND, OR-A former partner at Stoel Rives LLP has been named to the five-member board of DealPlanner Inc., a Seattle-based firm developing software that can manage sophisticated finance transactions, such as mergers and acquisitions, public and private debt and equity offerings and other corporate transactions.

LONDON-Retail investor Capital & Regional has concluded negotiations with Morley Fund Management to inject eleven of their retail parks into a new fund to be run jointly. The partners plan to bring in other investors next year.