HERNDON, VA--Construction on speculative, five-story, 120,000-sf office building would start next year. Asking rents will run in the mid to high $30/sf.
FT. WORTH-Crescent Real Estate Equities Co. is aligning with North America's largest commercial real estate firm, acquiring 10% interest in an innovative e-tailing operation catering to the office sector. Crescent is the first strategic partner in the e-tailers roll-out bid for US markets.
TEMPLE, TX-The Texas portfolio of Alabama-based Colonial Properties Trust just keeps growing, with the REIT buying a 575,000-sf mall in Temple, TX, near Waco. The Alabama-based REIT entered the Texas market just two years ago.
ROANOKE, TX-A Dallas developer signs Albertsons to anchor his newest venture, a 13.1-acre development in a rapidly growing community north of Dallas. With the deal, comes Albertsons' new strategy teaming a service station and garden center with its traditional grocery store offerings.