DALLAS-Prism Financial Corp., headquartered in Chicago, has closed on the purchase of the homebuilder lending and servicing division of Dallas-based Amresco Inc.
AUSTIN-The city's leasing agents manage to find 50,304 sf of office space for three companies despite the vacancy crunch while another has sealed a deal to sell slightly more than 56 acres.
WESTLAKE, TX-DaimlerChrysler Financial Services and Hillwood Development Corp. will seal a deal in November for a 130,000-sf, build-to-suit office project in a pact that lands the second corporate entity for the 2,500-acre Circle T Ranch office campus development.
AUSTIN-The high-tech market continues its boom as two more firms partner applications. This time, the target group is the mid-tier, specialty hardline retailer. From back-office operations to in-store space, the teaming aims to raise the bar for retail technology, says one company's CEO and president.
RICHARDSON, TX-Dirt's already flying for a seven-story, 282,000-sf expansion of the Nortel Networks Corp. campus in Richardson in anticipation of a spring 2001 occupancy.
AUSTIN-An on-line meeting of a developer and equity investor--both based in Dallas--has given new meaning to the speed of the Internet, says Denver-based EquityCity, which has partnered the two for an $8.1-million, 31-unit luxury .
HOUSTON-Whitney Holding Corp. has agreed to acquire American Bank of Houston, in a stock swap deal valued at $63 million. The deal is expected to be sealed in early 2001.
AUSTIN-Luci Baines Johnson's LBJ Holding Co. is abandoning plans to transform a downtown Austin office building into a 40-unit luxury condominium unit. The company reportedly spent nearly $1 million in pre-construction costs.
AUSTIN-Agillion Inc., an Internet business service provider, is making the transition to a new corporate headquarters site--a 76,599-sf, two-story structure on seven acres at 3300 Duval Rd.
FT. WORTH-The Ft. Worth-Arlington corridor has a solid grip on the brass ring, says Dunn & Bradstreet, which places this region of the metroplex in first place for entrepreneurs.