AUSTIN-What has been ranked as the city's second fastest-growing business is being sold to a Dallas-based firm that caters to corporate clients, ranging from companies to restaurants.
SAN ANTONIO-An Alabama-based medical company will open a high-tech customer service facility near the San Antonio International Airport that, upon completion, will provide space for 400 new workers. The new facility is expected to deliver in November.
DALLAS-Sonic Automotive Inc. is seeking to buy five dealerships in Texas with a 1999 combined revenue of $458 million. The North Carolina-based corporation has bought 14 dealerships since January.
DALLAS-The nation's brisk construction market is pushing the envelope for labor and some material costs, skyrocketing prices in certain metropolitan markets, according to the third-quarter Turner Building Cost Index.
AUSTIN-Trammell Crow is plotting a $40-million speculative industrial park on 68 acres commonly known as the Scarbrough Tract, situated along Interstate 35 and sandwiched between two Dell Computer complexes.
HOUSTON-The CE Ward Constructors construction company has changed its name to J.E. Dunn Construction--Houston. The Kansas City, MO-based Dunn Construction has had a majority stake in the firm for three years.
HOUSTON-The Marq.E, a 365,375-sf entertainment and retail center, has little room left at the inn, signing more than 80% of its space in leases. The project is a joint venture of Orix Real Estate Equities and PLC Commercial.
IRVING, TX-Arnold Logistics Inc. has inked a deal to acquire the National Corporate Marketing Inc. of Irving. With the acquisition, the corporation will own more than 3.6 million sf of operating space in the three states.