SPOKANE, WA-Locally-based Granite Investments LLC has plans near the International Airport here that include a $12.5 million, 110,000-sf office building, a $10 million, 120-room Hilton Gardens hotel and a $15 million, 60,000-sf biotechnology production facility.

KIRKLAND, WA- Trinity Partnership, a Seattle-based apartment investment group, sold the 115-unit development for $9.8 million, or $85,000 per unit. The buyer is Hunt Development Corp. of Cincinnati, OH.

LOS ANGELES-Real estate giant tabs Morgan Stanley Dean Witter and a powerful law firm to evaluate unsolicited takeover bid from Blum Capital Partners LP. The move may signal that CB wants to generate other offers.