DALLAS-Dallas-based Institutional Equity Holdings Inc. has secured a green light from the NASD to acquire First Atlanta Securities LLC, which will be absorbed as a wholly owned subsidiary. The acquisition will facilitate a plan for additional acquisitions
DALLAS-New York City-based Solomon, Baruch & Solomon LLC wants a piece of Texas - about 2,700 acres for an estimated $1.7 billion development that is being welcomed with open arms by some of the nearest town's 5,400 residents while others are making plans to head for the hills. The plan promises to pump at least $8 million annually into a town with a current $2 million annual budget.
GRAND PRAIRIE, TX-A Pittsburgh-area aircraft interior refurbishing firm is leasing an entire building in the Great Southwest Industrial Park, a site selected for its proximity to the DFW Airport, but without the higher cost of an airport address. The company is gearing up for a Friday startup.
AUSTIN-The city's hot real estate market has brokers playing musical chairs with affiliations. The latest move places veteran Mark Milstead at NAI/Commerical Industrial Properties in a move from CB Richard Ellis.
HOUSTON-The Michigan Employees Retirement System is pulling the rug on a proposed sale of the 1.2 million-sf Texaco Heritage Plaza in the city's downtown sector. No takers appear willing to pay the expected price of $200 million or more.
DALLAS-The city's premier retail clothier will relocate its alteration division from downtown to the Garland Business Center. A 10-year lease has been signed for 11,022 sf.
FT. WORTH-You won't find a mechanic at the "giggo garage," but you will find giggo.com's 80-member high-tech staff enjoying new surroundings - a 30,000-sf national operations site in the recently completed 48,000-sf Alliance Gateway 20 building in Ft. Worth. The new office surroundings include an indoor basketball court and Foosball table to mimic Silicon Valley's hyped informal work culture
AUSTIN-One of the city's major law firms, saying it couldn't find sufficient office space downtown, is moving to northwest Austin.Vinson & Elkins LLP has signed for 135,000 sf at the Terrace Development, a 109-acre, mixed-use project calling for 1.1 million sf of office space plus retail, multi-family and hotel components.
AUSTIN-Harley's out, Indian's in ... at an 18,500-sf showroom, that is. The nation's oldest motorcycle manufacturer is leasing a site vacated by its competitor in the city's northern corridor.
DALLAS-Two more Dallas-based companies reap the benefits of a good market. Southwest Securities' shareholders will be getting 9 cents per common stock share while Centex's will receive 4 cents per share.
