April 8, 2005 Dallas Morning NewsGeneral Growth Properties has decided against buying Dallas' Southwest Center mall. The company had been negotiating since last fall to purchase Southwest Center, but its purchase hinged on its getting occupancy commitments from the troubled ...
April 8, 2005 Dallas Morning NewsUBS Realty Investors has paid about $95 million to buy the Westin Galleria hotel in Far North Dallas. The 432-room hotel tower is attached to the Dallas Galleria shopping mall, which UBS bought in 2002. ...
April 8, 2005 Dallas Morning NewsThe pending closure of 10 Ultimate Electronics stores in North Texas means more empty retail boxes to fill. Shopping center brokers predict that they will find tenants or buyers quickly for the Ultimate Electronics stores, ...
April 7, 2005 Dallas Morning NewsBehringer Harvard Real Estate Investments has purchased a 536,000-square-foot Las Colinas office complex for one of its investment funds. The complex, which has three office buildings, now houses operations for Citigroup Inc., which is moving ...
April 7, 2005 Fort Worth Star-TelegramRidgmar Mall, riding high after a $70 million renovation and expansion, is on the verge of being sold. Sources close to the mall said the buyers include Macerich Co. The 1.4 million-square-foot mall in west ...
April 7, 2005 El Paso TimesA major West Side shopping center in El Paso, Texas, will get four new stores by July and an additional two to four retailers in early 2006. About 15,600 square feet of retail space is ...
A fund involving the Kuwait Finance House is selling off its assets, which include 9,200 apartment units in Texas, Florida, Arizona and Chicago. The portfolio could bring in more than $600 million.
April 6, 2005 Dallas Morning NewsDevelopers have broken ground for the Azure tower in Uptown Dallas, at the south end of the Dallas North Tollway. Harwood International of Dallas and Westbank Project Corp. of Vancouver, British Columbia, is building the ...
April 6, 2005 Fort Worth Star-TelegramPDLA Partners, a Dallas development group led by C.F. Sandy Pofahl, has bought the 27-acre site of the former Texas Steel plant on Hemphill Street in Fort Worth, Texas. The land was purchased from Surety ...
April 6, 2005 A venture led by Hudson Realty Capital LLC, a real estate opportunity fund manager, paid $14 million for the Northbelt Industrial complex in Houston. Northbelt, three miles west of George Bush Intercontinental Airport, is comprised of 18 ...
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