DALLAS-Come Dec. 29, the scenery at the south entrance to the Dallas-Ft. Worth International Airport will be minus one hotel. But, La Quinta has plans for the site, which will house a redesign by a noted hotel architect.
DALLAS-LifeCast has connected with Fairmont Hotels & Resorts in a dual-pronged deal that pumps money and more private clubs into its services portfolio. The deal is a sweet one for the Dallas-based IT company's suite of services.
DALLAS-After a successful first year, the Dallas office for Ft. Worth-based Woodmont Realty is planning to expand. The staff, dedicated to the retail sector, will gain more brokers, more space in the coming year.
DALLAS-Hotel REITs PMC Commercial Trust and FelCor Lodging have ended the year on a high note, posting returns that'll deliver dividends to their investors. Wyndham International's stockholders will be tuning into tomorrow to learn what their investments are bringing.
FT. WORTH-Hillwood is so certain that a young IT company can capture its market share that it's putting up equity, expertise and maybe a spot at Alliance. Talks are under way for a 500,000-sf fulfillment center, if not here then somewhere, with a little help from its friend.
DALLAS-Looking Glass Networks will be moving into 9,945 sf of office space at the 314,125-sf Colonnade Tower II in Addison. The IT provider plans to use its share of the three-building complex for a regional office.
DALLAS-Sterling Media Capital and Equity Management Corp. are taking more stakes in the dollars-and-cents world. Some $200 million in initial guarantee applications are now being considered in a move to gain equity profit and income by guaranteeing third party credit, loan and debt.
FT. WORTH-Trammell Crow has decided not to buy the tornado-damaged Bank One Tower, ending months of due diligence and speculation that the deal would close Dec. 15. Property owner Loutex Fort Worth will immediately start talks with other interested purchasers.
DALLAS-Prentiss Properties' shareholders are ending the year on a high note, with their investments returning 48 1/2 cents per share in fourth-quarter gains. The dividend pays out Jan. 12, 2001, to shareholders of record as of Dec. 29.
DALLAS-Harwood International has signed two New York City-based financial firms to two floors at the Cleveland House in London's West End near Buckingham Palace. The top-drawer address is rumored to be fetching a Queen's ransom, breaking rental records citywide.