SAN FRANCISCO-The real estate company's stock is back over $1 on news that its new majority owner has acquired Navillus Associates LLC, one of only two companies bidding to be master redeveloper of Treasure Island, the naval base in Frisco Bay.

SAN MATEO, CA-BridgeSpan Inc. CEO Mark Evans tells GlobeSt.com that the industry's response to its online closing services--rapid growth of closing activity in each new market opened--shows his company is providing a necessary service.

PALO ALTO, CA-PlaneShark's new listings section has two parts: one for airports and airparks, and one for hangars. Both parts include photographs and are available free of charge on the Internet.

CUPERTINO, CA-Company chairman Carl E. Berg tells GlobeSt.com the new position will help the company develop projects on time and under budget, "and still get the 15% return we traditionally get on our development projects.

SAN FRANCISCO-Chief executive Bradley P. Griggs tells GlobeSt.com Mark A. Petersen, who brings 16 years of experience from Security Capital Group, Archstone Communities and Essex Property Trust, will have between $50 million and $100 million with which to make acquisitions this year.

SACRAMENTO, CA-Construction on Oracle's second building is set to begin in June and Oracle will push the contractor with an aggressive 11-month schedule to meet the estimated May 2002 completion date.

WALNUT CREEK, CA-Roger Gage, a Senior Vice President with Cushman Realty Corp., has been elected Associate Chairman of the International Development Research Council, the world's leading professional association for corporate real estate executives, service providers and economic developers.

WALNUT CREEK, CA-The company is revealing little officially, but one inside source gives GlobeSt.com several reasons for shuttering the office. CBRE officials will reportedly service the area out of an office about 20 miles south in Pleasanton.