FARMERS BRANCH, TX-In early November, DFW Integrity Group Ltd., operating under the name 2711 LBJ Partners, acquired Meridian Tower, a 228,500-square-foot office building, from foreclosure. The buyer, now ready to move forward, has tapped Stream Realty Partners LP to lease up and manage the 1980s-built property.

The first step for the building at 2711 Lyndon B. Johnson Fwy. (Interstate 635) will be renovations – the lobby will be upgraded, as will tenants' conference rooms. Spec suites will also added. Although the "pardon our dust" signs haven't yet been posted, "we're starting to see some positive momentum on the leasing side, now that there is more clarity to the ownership picture," comments Stream Realty's Tim O. Terrell who, with colleague Kendall Cramer, is leading the marketing efforts on behalf of DFW Integrity Group.

Terrell tells GlobeSt.com that, during the past 30 days, he and Cramer have completed approximately 20,000 square feet of lease renewals and expansions. "The existing tenants made the decision to stay, seeing a strong, well-capitalized owner moving forward," he says.