PLANO, TX-A 131-room Hampton Inn in Plano is the latest to go in a disposition of limited-service holdings by Memphis-based RFS Hotel Investors Inc. The $5.5-million sale is the third disposition to be stripped from the REIT's portfolio since early October.
AUSTIN-It's almost as good as being downtown, says the broker, but there aren't any battles with traffic or long searches and high price tags for parking. Two tenants are taking space in CBD periphery buildings instead of the more prestigious addresses in the state capital's heart.
PLANO, TX-Miramar Development has snagged its largest tenant for one of its three east Plano projects. Microtune will be occupying 43,680 sf at the 10-acre Jupiter Service Center, signing a five-year lease for the site.
DALLAS-Secrets never stay secret for long. J. Reagan Dixon is vacating his 12-year role as senior managing director for Cushman & Wakefield of Texas Inc. and heading to Cawley Wilcox Cos. In his words, it's time for a new challenge.
AUSTIN-A state capital-based logistics provider sees the need to be in the southeast submarket, which is piquing the interest of tenants and developers. MSAS N. American Logistics reportedly is the first tenant in the newly completed 150,000 sf Expo VII.
DALLAS-It's the talk of the town as word gets around about Cushman & Wakefield losing its respected point man. J. Reagan Dixon just happens to be the third key player in 10 months that William Cawley's snatched from his competitors. A four-star team's in place. Now, it's time to grab for the brass ring, he says.
GARLAND, TX-A 31,418-sf retail center and supplemental building has been sold in a $2-million deal. The fully leased plaza boasts a 20-year tenant as one of its anchors. A Henry S. Miller Commercial team and Royal Realty Advisors negotiated the deal.
DALLAS-Duke-Weeks Realty, WorkPlace Technologies and Wyndham International have brought three new hires on board to help steer 2001 strategies. Well-known Dallas-area broker Jeff Thornton is now part of the Duke-Weeks industrial team for the metroplex.
FT. WORTH-A curve ball has been tossed on the same day that a tenant in the tornado-damaged Bank One Tower goes to court for an injunction hearing to stave an eviction and building demolition. A new buyer surfaces and the wrecking ball's been ordered.
AUSTIN-Legerity, based in the state capital, is making a move to expand internationally, setting the stage with yesterday's opening of a new advanced design center in Ottawa. The region is considered the Silicon Valley of Canada for semiconductor design, says Legerity's CEO.