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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.
IRVINE, CA-The parent company for Fidelity National Title, Chicago Title and other title insurance companies has purchased a firm with an information database that includes a Website for real estate professionals.
SAN FRANCISCO-Despite a surprise cut in interest rates this week, economist Kenneth Rosen warns the chance of a US recession remain high. The commercial real estate market likely will bounce back unscarred, however, concludes Rosen.
NEW YORK CITY-Brokers here say the shuttering of some Office Depot and Sears locales could only be the beginning of a larger trend among retail types that offer no differentiation.
PHOENIX-Where a $335-million stadium will be built is now in the hands of a nine-member board, which could narrow the list to two or pick an outright winner in the next week.