Subject: Southcentral Regional Digest (SCDIG)
El Paso, Texas, Retail Project at Risk
July 9, 2004 El Paso TimesEl Paso has appraised a site on which DeBartolo Property Group was to develop a $112 million retail project at a level that might be too high to qualify for a municipal financing package. As ...
General Growth Could Lose Sales Tax Rebate at Texas Mall
July 7, 2004 The Star-TelegramThe Great Indoors home furnishings store that closed last year at The Parks at Arlington is still empty. The vacancy, along with that of two smaller shops, could cost manager General Growth Properties several hundred thousand ...
Mark Taylor Joins Houston Office of Trammell Crow
July 6, 2004 Houston Business Journal (Second item)Mark Taylor, former vice president of operations at BMC Software Inc., has joined Trammell Crow Co. as senior vice president to lead the Houston firm's office building business. He replaces Patrick Hicks, who ...
PM Realty Group Wins Management of Capital Commercial’s Houston Portfolio
July 6, 2004 Houston Business Journal (Third item)PM Realty Group has won the management assignment for Capital Commercial Investment Inc.'s entire office portfolio in Houston. With the new assignment, PM Realty's management portfolio grows by 11 buildings and almost 700,000 ...
AspenTech Leases 100,000 sf in Houston
July 6, 2004 Houston Business Journal Aspen Technology Inc. has signed a lease for 100,000 square feet on four floors at 2500 City West Blvd. in Houston. The firm leased its entire 250,000-sf building at 1293 Eldrige Parkway to Citgo ...
Senior Complexes Proposed for Fort Worth, Texas, Area
July 6, 2004 Dallas Business JournalFranklin Development Co. is planning two senior living communities totaling 395 units in the Fort Worth area of Texas for about $16 million. The first center, called Franklin Park at CityView, would contain 203 units ...
Baruch Properties Plans Mixed-use Development for Dallas
July 6, 2004 Dallas Business JournalBaruch Properties plans to develop a mixed-use retail and office project on 34 acres in The Colony section of Dallas. The project will consist of a strip center up to 25,000 square feet, about 100,000 ...
Architects Move Into Austin’s CSC Building
July 2, 2004 The Austin American-StatesmanPageSoutherlandPage LLC, the architectural firm that designed the Computer Sciences Corp.'s building overlooking Town Lake in Austin, Texas, will become a tenant there. The firm has signed a 10-year lease to occupy the fifth floor ...
Forest City Enterprises to Buy Vacant Mercantile Complex in Dallas
June 30, 2004 The Dallas Morning NewsForest City Enterprises is negotiating to buy the vacant Mercantile National Bank Building in downtown Dallas. The Cleveland firm is the latest in a long list of developers that have tried to find a ...
Colonial Properties Buys Stake in Lifestyle Center in Texas
June 29, 2004 Colonial Properties Trust (NYSE:CLP) has acquired a 90 percent interest in the Village on the Parkway lifestyle center in Addison, Texas. Terms were not disclosed. The 380,000-square-foot open-air center at Beltline Road and Dallas North Tollway is ...
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