HOUSTON-The 519,000-sf, two-building Eldridge Place reportedly brings in $50 million for Allied Waste Industries, which has sold the former world headquarters for a firm it acquired last year. An Atlanta-based investment group is the new owner.
ARLINGTON, TX-Bradford Development Co. Inc. is undertaking its first Arlington industrial project, a $10-million, two-building spec project. Ground breaks Dec. 1, with delivery anticipated in seven months.
SAN ANTONIO-Homeside Lending Inc. has completed a sale-leaseback of the 190,567-sf Homeside Plaza in north central San Antonio. The lending company has secured a long-term lease for its 150,000-sf spot in the property transfer.
HOUSTON-Cummings-Baccus Interests has latched onto 700,000 sf of buys in South Texas. The Austin-based realty firm's largest purchase is a 15-story Wells Fargo bank in Lubbock.
PLANO, TX-With a 47.3-acre deal now finalized, the Jackson-Shaw Co. is forging ahead on plans to add another 620,000 sf to its 900,000-sf Plano-area portfolio. The first phase gets under way in early 2001.
AUSTIN-TechPartners International is tackling the Austin market, signing for 3,526 sf at 700 Lavaca in the downtown CBD's Chase Building. The city's emergence as a high-tech leader sparks the lease signing for the staffing firm, which has 25 offices worldwide.
AUSTIN-BroadJump Inc., based in the state capital, is in the expansion mode, launching BroadJump Canada. The Toronto office will tap a market boasting more than 700,000 broadband subscribers.
PLANO, TX-Santera Systems Inc. is relocating its corporate headquarters into a 100,320-sf office/tech building at 3605 Plano Parkway in Plano. The corporate campus has lured such power players as Alcatel USA, Navini Networks and Gurwich Bristow
RICHARDSON, TX-USData Corp. and Clark/Bardes stay in place, signing lease renewals for prestigious spots totaling 138,754 sf. The Staubach Co. has represented both tenants in the transactions.
COPPELL, TX-Chicago-based RREEF pushes ahead on an acquisition strategy, closing its second deal in two week in the Dallas region. The latest deal is the 530,800-sf Coppell Business Center Phase II.