CARROLLTON, TX-First Industrial has beat out 10 other bidders for a 25-building, 1.25-million sf package in Valwood Park. It's one of the largest portfolios ever to come to market in the Greater Dallas Area.
AUSTIN-Strong residential and job growth in year 2000 have translated into another banner year for retail in the state capital. The hottest market has been and will continue to be Round Rock, says The Weitzman Group in its latest report.
PLANO, TX-Broadband Gateways has its 2001 strategy in full swing, as build out continues on a 29,000-sf expansion of its lease at Park Ventura Office Center. As the company gradually moves into the space, the park developer is excavating for a third building and full build out.
AUSTIN-USOL Holdings has struck its second deal with Chicago-based TVO Realty Partners. This time, the multifamily pact is for Austin's 504-unit Lakeview. With 76 properties in TVO's portfolio, more deals are sure to follow.
AUSTIN-A 16-year veteran of the high-tech world has been named CEO for Expeditrix Corp. Steve Pittman's role includes forging next-generation strategies for Expeditrix's SmartClose package.
DALLAS-A nationwide recession, if it comes, is sure to impact most every region. Until then, Dallas-Ft. Worth projects are proceeding as planned by most area developers, who are soundly investing in existing holdings.
DALLAS-The one-year-old Onyx Property Co. is making its move from managing assets to developing its own. Onyx partners, well known in the commercial real estate community, have bought land in the Telecom Corridor for dual business centers.
FT. WORTH-Come March 16, Trammell Crow's Ft. Worth staff will be out of the tornado-damaged Bank One Tower. The move comes four days after the court will hear another tenant's request for an injunction to block Loutex Fort Worth from tearing down the landmark structure.
AUSTIN-Eco Associates will be moving its latest acquisition closer to its home in Austin. Chipshot.com will close its Sunnyvale, CA operation at the end of March. The search is on for headquarters and manufacturing space here.
AUSTIN-TSK America has signed a 15,115-sf lease for its research and development spot at Corridor Park, known for its high-profile Dell Computer resident. The office is one of the company's five US test and assembly operations.