ARLINGTON, TX-MacSteel Centers USA, headquartered in Bensalem, PA, heads south, signing for 68,912 sf of office-warehouse space. The structure is positioned on 4.6 acres along Randol Mill Road.
AUSTIN-Close two, buy one is the strategy being advanced in South Carolina, former home to the now Austin-based Littlefield Corp. The gaming operator has 19 bingo parlors in Texas, Alabama and South Carolina.
AUSTIN-A proposed settlement on a 4,000-acre mixed-use development in southwest Travis County goes before Austin's constituency. The plan calls for the city to pay $6.3 million to Stratus for legal fees incurred in a municipal utility district dispute.
AUSTIN-There's light at the end of the tunnel for Globeset, which has been forced in recent weeks to start laying off employees. San Mateo, CA-based Trintech is offering to pay $21 million in cash for $10 million in stock, plus assume debt for the Texas company.
PLANO, TX-There's now room to grow for Teradyne Connection Systems, which has moved into a 50,000-sf manufacturing facility. The relocation comes just as Dallas Semiconductor seals a more than $5-million components deal with the Nashua, NH-based parent firm.
FT. WORTH-An Albuquerque-based high-tech firm has snagged the IT contract for Hillwood's planned 2,500-acre Heritage development. Smart Systems'suite will include a full-automation menu for homeowners and an Intranet link to Alliance companies and school systems.
FT. WORTH-Volkswagen of America will build a 360,000-sf parts distribution center on 24 acres in Alliance's Westport corridor. The project is expected to re-energize Westport, which has been standing in the shadows of Alliance's Gateway.
IRVING, TX-Archon's cyberspace program, costing upward of $300 million, has reached Dallas as negotiations ensue for telecom hotel tenants in Loudoun County, VA, Newark, CA and Chicago. It's a one lease, one team concept.
DALLAS-The Turner Corp. is bringing a 25-year veteran of the technology business on board to create and implement a high-tech strategy. The new hire has been named vice president and chief information officer.
AUSTIN-It's been a relatively busy week for Austin brokers, who have signed leasing pacts for 12 clients. Analog Devices Inc. is the largest space taker in this week's transactions, signing for 45,000 sf of office space.