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KERRVILLE, TX-Dormant acreage is in high demand in the Hill Country's Kerrville, where a premier golf course community has sparked developers' interests. The inquiries are pouring in as work progresses on the 1,232-acre Comanche Trace project.
LOS ANGELES-Two major leases valued at $6 million bring occupancy level up to 100% at the new 127,845-sf LAX Cargo Center, the industrial building acquired by San Francisco-based AMB Property Corp. for $11.5 million.
YAMHILL, OR-The Mitchells plan to sell the lodge, airstrip, motel and some of the campground. The asking price is $4.6 million. The family plans to retain its homes and stables, and will continue to offer horseback rides.
WEST WINDSOR, NJ-A research firm proposes to redevelop and expand its own headquarters facility and add more than two million sf of office and technology-related space around it.
DENVER-City Council will be deciding whether to contribute $55.3 million to a developer so he can build a $217-million hotel that will neighbor the Colorado Convention Center. Some say voters, not council, should have the final word.
PALO ALTO, CA-James Koch, formerly with Cushman & Wakefield's local office, became managing director of the investment bank's new brokerage operation on Jan. 2. CSFB added brokerage services with its acquisition of Donaldson, Lufkin & Jenrette Inc.
HOUSTON-An aggressive fund-raising campaign is financing $347 million in construction projects for Rice University. The costliest project is a $100-million replacement for Fondren Library.
FT. WORTH-Williams TravelCenters is pumping $250 million into an aggressive rollout along the nation's interstates to become one of, and possibly the, premier operator in the nation. Sixty-nine TravelCenters will be on line by the first week of April.