SAN ANTONIO—Los Angeles-based Laurus Corp. has completed the $12-million repositioning of the Hilton San Antonio Airport Hotel.

RICHARDSON, TX--Alliance Architects Inc. has completed a large speculative industrial building project in DeSoto.

HOUSTON—More than 20 years ago, McCord Development started acquiring property in northeast Houston. The company's massive Generation Park, located on the northeast corner of Beltway 8/Sam Houston Tollway, is the result, a 4,000-acre mixed-use master-planned enterprise park. GlobeSt.com's Anna Caplan recently spoke with John Flournoy, director of sales and leasing at the park, to learn more about the development.

HOUSTON--Skanska USA has promoted Tony Destefano to senior director and human resources hub leader for the central United States region, and it also has hired Cliff Haehl as vice president of business development for Texas.

SAN ANTONIO--Berkadia has brokered the sale of The Enclave, a multifamily property located at 2555 N.E. Loop 410 in San Antonio. Managing director Mike Miller, director Chris Ross, associate director Will Caruth and junior associate Cody Courtney of the San Antonio office negotiated the sale, which closed on July 29.

DALLAS—The Dallas office market is hot, with developers set to deliver 6 million square feet of office space this year. With record-high absorption and total vacancy rates at a historic low, the cycle-topping sector is the focus of the second panel at this year's RealShare Dallas conference at the Crowne Plaza Downtown Hotel on Sept. 1.

AUSTIN—Rental rates have reached a new high-water mark in the Austin market, according to a new report from Cushman & Wakefield | Oxford Commercial (CWOC).

DALLAS--CNL Commercial Real Estate has completed a 232,000-square-foot, 12-year lease on behalf of GEICO in the former Fossil Watch headquarters in Richardson.