LOS ANGELES, Oct. 15 /PRNewswire/ -- The Ratkovich Company, in partnership with Penwood Real Estate Investment Management, announced today the landmark purchase of over 1.2 million square feet (over 28 acres) of land at Playa Vista.

Howard Hughes' Aero-Mobile resurfaces after decades of being in storage, his 1936 credit card was found within glove box. GRANTS PASS, Ore., June 2 /PRNewswire/ -- Some believe this car may have the earmarks to set an "automotive auction record" due to the fact that this car was customized when Hughes was in his most creative stage of his life, about 1937. After a weeklong reunion with the Spruce Goose (H-4 Hercules), the "Aero-Mobile" has left the Evergreen Aviation & Space Museum in McMinnville Oregon, and is now being prepared for its departure to the Leake Collector Car Auction in Tulsa Oklahoma.

Howard Hughes' Spruce Goose and Aero-Mobile are reunited after decades apart.

By Dana Tims, The Oregonian, Portland, Ore. Jun. 6--MCMINNVILLE -- It's not every day that Howard Hughes' legendary Spruce Goose flying boat gets upstaged, but today promises to be one of them.