FT. WORTH-A restaurateur snags a tentative hearing date in his challenge to Loutex Fort Worth's decision to halt rehabilitation work of the tornado-damaged 35-story Bank One Tower. The restaurant and 63 other tenants have been put on notice to vacate by month's end
RICHARDSON, TX-Faison Capital Advisors has agreed to a sale-leaseback deal with Alcatel USA to finalize the purchase of a 113-acre, 1.2 million-sf campus in the high-tech Telecom Corridor in Richardson. Meanwhile, the deal means another technology park for one of Dallas' busiest office market.
DALLAS-An Arizona executive for Bank of America is packing his bags for Dallas, where he will assume the presidency of the Southwest Banking Group. Meanwhile, his predecessor is heading to San Antonio.
HOUSTON-Panattoni Development has launched the second phase for a distribution center project in the city's northwest section. And, the buildings just keep getting bigger, up 100,000 sf from phase one.
ARLINGTON-About 100 workers from the Texas Department of Protective and Regulatory Services will be reunited into one office after working for four months at sites scattered across the metroplex due to their office being destroyed by a March 28 tornado.
HOUSTON-An alliance, formed by Macfarlan Real Estate Services and a Morgan Stanley Dean Witter subsidiary, is buying and developing whcarrier hotel. A former grocery warehouse is being expanded into an 880,000-sf facility in the first transaction for the alliance's Texas focus that executives say will be the city's largest
DALLAS-Dallas-based restaurateur, Brinker International Inc., has ended its fourth quarter for fiscal year 2000 with 7.7% more revenues than last year, reflecting a sales surge by its core concept eateries. The Brinker chain includes Chili's, Macaroni Grill and On the Border.
HOUSTON-Retail gets a boost this week as two grocery-anchored centers in the Houston area prep for grand openings. The centers add 190,000 sf to the city's retail numbers.
DALLAS-Its expertise in agency financing is leading to a buyout of Dallas-based Newport Mortgage Co. , the second in eight months of a Southwestern lender by Cleveland's KeyCorp. The deals promise to be the first of several in KeyCorp's bid for Sunbelt lending dominance.
HOUSTON-A Houston developer gets the go-ahead for financing on a $17.2 million project near the Buffalo Speedway. The 320-unit project is one in a series of multi-family developments in the planning or under construction for the city.