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.
ATLANTA-The airport's new $5.4 billion, 10-year expansion will level six centers and cut into six others in the path of a planned fifth runway. That's good news for developers who will be called upon to replace 3.4 million sf of crunched assets.