PLANO, TX-TestChip Technologies has moved into its new Dallas office space and is patiently awaiting finish out for expanded space in Austin. The high-tech company has more than doubled its Dallas office area with the move.

DALLAS-Wyndham has capped the first 12 months of a three-year turn-around plan. Sixty-one properties are gone, but EBITDA and RevPAR are now on the increase, says the company. The hotel operator is showing a $324.7-million net loss, but that's a hefty drop from the prior year.

AUSTIN-Strong Productions is uprooting its north central Austin warehouse operations come Feb. 15 and heading to Rutland 8 in the same submarket. The recently inked deal takes the industrial structure to full occupancy.

AUSTIN-It's a possible short-term phenomenon that has caught Austin by surprise, say commercial real estate professionals. But, it's one to be watched. In recent weeks, an estimated 1.3 million sf in sublease office space has hit the market, giving rise to talk and back-room huddles.

AUSTIN-Five leases, including one renewal, have been finalized for Austin office buildings. Bechtel Telecommunications has signed the largest pact for space at 2024 E. St. Elmo Rd.

PLANO, TX-The management team's in place and so are the first 100 tenants for Taubman Centers' 1.4-million sf grand entry into the Texas market. The REIT has put together a high-profile tenant lineup, with several making their first appearance in the metroplex retail mix.

FT. WORTH-Crescent Real Estate Equities hires one and promotes another to executive vice presidents. Effective Feb. 20, Jane Mody will assume the role for the capital markets division while David Dean immediately moves up the ladder in the law and administration department.

AUSTIN-High Fashion Decorative Fabrics has set up shop in a 28,000-sf leased building in the city's eastern corridor. The high-end fashion business has inked a three-year lease, picking the state capital for its first Central Texas location.