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DENVER-Most people who stay at hotels will never know it, but Denver-based Destination Hotels & Resorts manages some of the premier hotels in the nation. The latest contract puts the reins of Pointe South Mountain Resort in Phoenix into the firm's hands.
DALLAS-One of Dallas' largest interior architectural design firms will more than double its space at One McKinney Plaza in the uptown submarket. The firm, which specializes in workplace solutions, becomes its own customer in the transition.
HOUSTON-Old Republic Exchange takes over as the new owner of an 18,000-sf shopping center along the Gulf Freeway in the city's southeast sector. The 16-year-old center sits on one-acre in a major retail corridor.
HOUSTON-Houston restaurateur Tilman Fertitta has contracted to buy the old World Trade Center building in downtown Houston. Under consideration is an adaptive reuse project to convert the abandoned building into a 220-room luxury hotel.
CHICAGO- Medinah Temple redevelopment to be site of nation's first Bloomingdale's Home Store, which is in negotiations for sites nationwide. Shriner's to get $21 mil for landmark Medinah property, including $12.5 mil in TIF subsidies.
DALLAS-Dallas-based Champion Partners and State Farm Insurance Co. are undertaking their second joint project in the US, breaking ground yesterday on the 165,907-sf Westway I - the first of five spec office projects ticketed for a 60-acre parcel in the Las Colinas submarket. There are less than five office projects under construction with available space in the booming submarket where open land is plentiful and unleased space is at a premium.