DEER PARK, TX--Clay Development & Construction Inc. has purchased 79.57 acres on Borusan Road and FM 1405 in the Cedar Port Industrial Park in Baytown to develop Cedar Port Distribution Park. The seller was TGS Cedar Port Partners LP.
FORT WORTH—A 113,299-square-foot office complex located at 2701 West Plano Parkway in Plano sold to Plano Parkway Business Center LLC, a syndication partnership set up by managing partners and promoters Steve Fithian, a DFW commercial broker, and Thomas K. Wilson, founder of Wilson Investment Properties Inc.
DALLAS--KBS Strategic Opportunity REIT, in a joint venture with Dallas-based Encore Hospitality LLC, has acquired the Q&C Hotel in New Orleans, LA for $51.2 million.
DENTON, TX--NOVUS Realty Advisors principals John St. Clair and Grant Brodeur recently completed the trade of a 444-acre tract of land in Lakeview Ranch in Denton.
FORT WORTH--The Woodmont Co. has expanded its management team, hiring Rebecca Galuppo as vice president of center marketing and Steven Sless as vice president of leasing.
DALLAS--HFF has arranged $308.4 million in financing for three shopping malls totaling 2.3-million square feet in Connecticut, Illinois and Washington.