HOUSTON-The 75,580-sf ParkNorth Technology Center lands a new owner in a transaction between College Street Ltd. and F&A ParkNorth Tech Center Ltd.
HOUSTON-Wedge Commercial Properties Corp. picks up a good fit--a 1,100-space parking garage--for its 500,000-sf office tower and its proposed site for a second high-rise office structure.
FT. WORTH-David M. Sherman will be joining the board of trust managers for Crescent Real Estate Equities Co. Sherman's experience is being touted as valuable to take Crescent "to a new level," says the REIT's CEO.
AUSTIN-The city's high-tech sector gets some relief with the opening of a new staffing office that focuses on personnel for the state capital's booming businesses. The opening marks the 25th location worldwide for the staffing business.
AUSTIN-Kallmann McKinnell & Wood Architects Inc. of Boston will be designing the $60-million Blanton Museum of Art, the latest project of the University of Texas. The 150,000-sf project is slated to break ground in 2002, with an opening tentatively set for 2004.
AUSTIN-The state capital's single-family housing market has hit an all-time record, up 15% from second quarter 1999 in a gold-rush economy that has had $901 million in venture capital pumped into it in the first six months of this year. Meanwhile 83 miles southwest, San Antonio is experiencing a slump.
AUSTIN-An IL-based e-business professional services firm is linking to Austin's high-tech network, opening an office in the state capital. One Inc.'s newest office will be overseen by a four-member management team and utilize technical and customer support services in Dallas.
HOUSTON-The Decorative Center of Houston, a complex of office space and showrooms, has been put up for sale by Crow Holdings and Billingsley Cos., a pair of Dallas companies that developed the project. The owners are seeking $58 million for the 500,000-sf complex.
DALLAS-In a spirited round of leasing activity, the Dallas office of Grubb & Ellis Co. has sealed deals on 68,829 sf of industrial space and 19,839 sf of office space in the metroplex.
HOUSTON-Williford Property Group will be overseeing Heritage Park Phase I, a two-story, 107,400-sf office building at 390 Benmar in the Great Greenspoint Management District. The one-year-old building is owned by McCaslin Development of Dallas and leased by Cushman & Wakefield's Houston office.