KELLER, TX—A 96 acre tract at a local foster care home has been sold to a Dallas developer. New single family homes will be built.

THE COLONY, TX—Nebraska Furniture Mart has acquired 433 acres to house a retail and distribution hub and a surrounding master-planned retail and entertainment development. The retailer's plans include a convention center hotel and spa.

THE COLONY, TX—Nebraska Furniture Mart has acquired 433 acres to house a retail and distribution hub and a surrounding master-planned retail and entertainment development. The retailer's plans include a convention center hotel and spa.

RENO, NV—Trex Company has leased a 337,500 square foot building at 2375 Newlands Rd inWinchester, VA.

LOS ANGELES—Colliers International has hired Kyle Matthews and team from Marcus & Millichap's National Retail Group. The team specializes in investment sales of retail properties across the U.S., with an emphasis on the West Coast.

BEVERLY HILLS, CA—Maxxam Enterprises has sold two properties in its Southern California portfolio demonstrating its increased presence the Southern California market.

MENLO PARK, CA—Facebook has agreed to pay the city $1.5 million over the next 10 years as to expand into a "West Campus" across Bayfront Expressway from its headquarters. Under terms of an agreement that goes to the Menlo Park City Council next week, the social network company also would contribute $100,000 for local improvements and restrict the number of vehicles going in and out of the new campus, according to the Palo Alto Daily News.  …

Residents say development would diminish open space.