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ATLANTA-Harbour Point Estates Inc. of suburban Alpharetta, GA paid $12.4 million for Chapel Hill Commons, a month-old, 101,000-sf property anchored by a Kroger supermarket. The sellers were developers Trammell Crow Co. and Faison Enterprises.

STAMFORD, CT-The Ashforth Co., a real estate investment firm based here, has paid approximately $61 million for the 480,000 sf Valley Forge Office Center complex in King of Prussia, PA.

LOS ANGELES-Entertainment giant's redevelopment plan gets approval from Glendale's City Council, but development could be delayed by lawsuits.

NEW YORK CITY-Currently servicing industry heavy weights, the newly appointed director of business development will lead Siegelgale's initiative to extend their reach globally, recruiting more real estate power players.

PORTLAND-Bruce Fery had directed the group's operations since 1997, overseeing the hotel, restaurant and commercial real estate assets of the Stevenson family of Bingen, Wash. The family recently sold its top asset, the downtown Heathman Hotel.

SAN DIEGO-South County Economic Development Council worries that gridlock at the region's airports could shoot down economy.

ORANGE COUNTY, CA-Three office buildings totaling 95,000-sf in Tustin have been sold by Paine Webber Properties.<p>

DALLAS-Tomlinson Leis has acquired a 96,750-sf, three-building complex owned by RREEF Funds, which has owned the site for 18 months. RREEF purchased the Century Circle property in a portfolio buy from AEW Investment Management of Boston.