AUSTIN-eLoyalty Corp., a Lake Forrest, IL-based consulting firm focusing on customer relationship management software, is opening a 40,000-sf lab at 6500 River Place Blvd. for a 70-member research and development team. The dual-focus lab will serve as a client training site and development center.
DALLAS-A familiar name around town is the 1999 Client Service Award recipient for Cushman & Wakefield Inc.'s annual honor. The accolade is bestowed using a selection process based on client surveys.
AUSTIN-An Austin-based bingo operator has signed a letter of intent to buy two halls in undisclosed markets. One purchase plan involves a new market while the other is in a state where the corporation has a facility.
NORTH RICHLAND HILLS, TX-The 201,000-sf Richland Pointe Business Center, which delivered Friday, has its first major tenant, Software Spectrum. The $7 million project also has signed a 30,000-sf tenant, who plans to open a fitness center in the converted shopping center.
DALLAS-Regency Realty believes it has what it takes to be a good neighbor, delivering in October a 125,000-sf retail development tailor-made for the tony homes of Trophy Club.
AUSTIN-A booming economy and expected population growth attract retailers of all types from around the country. One market watcher says the city will experience two back-to-back years of two million new sf.
HOUSTON-Without a doubt, Houston's retail market has recovered from the residual effects of a space glut that began in the 1980s. This year, new sf may hit as high as three million in all city submarkets.
FT. WORTH-After a month of whirlwind talks, Loutex Fort Worth and a subsidiary of Trammell Crow Co. have sealed a purchase pact for the tornado-damaged 35-story Bank One tower in the heart of downtown Ft. Worth. TCC says it will undertake costly repairs abandoned by Loutex to restore the structure, valued at $30 million, to its original state.
DALLAS-DFW International Airport is kicking off a $2.5 billion capital development program, capping three years of strategic planning. The program's cornerstone is a $1.03 billion, 23-gate International Terminal D, totaling 1.8 million sf - double the size of the airport's largest existing terminal.