DALLAS-Turner Corp.'s quarterly forecast shows a 1% jump in fourth-quarter building costs from the last reporting period and a 4.54% jump from the 1999's final quarter. Market activity and manpower demands continue to drive the costs, says the construction industry's barometer
GRAND PRAIRIE, TX-The African Evangelical Church of Arlington has secured a building and adjoining land in two transactions, handled by Henry S. Miller Commercial. It's the first step toward a new church for the parish.
DALLAS-It's not that Konover Property Trust doesn't like Texas, it's just not east enough for the North Carolina-based REIT, which is looking to sell all Lone Star State holdings. Credit Suisse First Boston has been hired to find a taker for 28 outlet centers, including five in Texas.
DALLAS-One of the metroplex's most prominent commercial real estate professionals, Samuel Dabney Ware, joins the board of directors for Web-Real-Estate.com. In another appointment, HQ Global Workplaces has lured a veteran to its ranks as the new vice president of real estate.
NEW YORK CITY-Insiders see repositioning to better serve markets, but no major re-invention of its market focus and absolutely no plans to close doors entirely.
DALLAS-In a quiet change of guard, the North Texas Commercial Association of Realtors has replaced its executive vice president with a nonprofit veteran, sans a commercial real estate background. NTCAR also has absorbed its Central Texas counterpart.
DALLAS-Time for a change, say three business operators who sign for new space in the metroplex. The Cushman & Wakefield has brokered deals totaling 25,820 sf for industrial sites in Dallas, Lewisville and Coppell.
FT. WORTH-It's a well-known fact in the metroplex that the Hillwood team gathers in its lobby and rings a ranch-hand's dinner bell each time a big deal is signed. This year, the bell's ringing a lot. The latest lease, 228,000 sf, could push Hillwood over its all-time record.
DALLAS-Wyndham International's three-year, turnaround plan is working, says the board chairman hired last year to set the course. More properties will be sold to focus on key facilities, ticketed for $184 million in improvements in 2001.