DALLAS-Hard work does have its just rewards as proven by R. Dary Stone, who has just been named president and COO of Atlanta-based Cousins Properties Inc. The region's favorite son says the only change coming for his Texas operation is the Las Colinas team will be undertaking more projects.
FT. WORTH-The State Bar of Texas has signed a six-year lease at Mira Vista Commons, where it has maintained a temporary office for nine months. The bar association, one of the displaced tenants from the tornado-damaged Bank One Tower, is taking 6,296 sf.
SAN ANTONIO-A 27-year career draws to a close for USAA's president and CEO. Michael J.C. Roth is retiring and being replaced by a six-year vice president of sales and service. USAA controls more than $60 billion in assets worldwide.
DALLAS-Come to Dallas, the land of plenty, says Lazarus Property Co.'s Sam Ware, who has a team hawking Elm Place space in power-strapped California. Ware's not alone in his P.T. Barnum strategy.
AUSTIN-The city continues to feel the fallout from relocations, consolidations and dropouts. At month's end, Solectron is vacating 240,000 sf at the Domain, which is mapping out more development plans as it looks for a replacement tenant.
DALLAS-More apartment dwellers had stayed put in the wake of economic uncertainties that had interest rates rising, stock portfolios dwindling and job concerns rampant. Demand still failed to fuel hardy rent growth nationwide, says M/PF Research's quarterly analysis.
DALLAS-One major project's under way and two more are on the boards for Centex Construction. The Dallas-based builder has just snagged its second pact in a week. The latest project will put building crews on the campus of the University of Texas at Dallas.
AUSTIN-Another office project is in the works for the scenic Bee Cave Road, Austin's gateway to the Hill Country. Coming out of the development gate is a 20-acre, $55-million project by Endeavor Real Estate and JER Partners.
AUSTIN-The city's high-tech industry continues to lure California firms to its fold. Yield Dynamics Inc., which has an Austin sales office, is now opening an Advance Process Control Development Center.
GRAND PRAIRIE, TX-Triple L Industries has grabbed some extra space and a new address. The 20,000-sf lease is just one of three inked recently by Henry S. Miller Commercial's Arlington team.