Loutex Fort Worth, the property owner, will immediately starttalks with several other interested parties, Bill Lawrence,spokesman for TC Dallas/Fort Worth Investment and Development, toldGlobeSt.com. "There is considerable interest from other groups," hesays.
"We are very disappointed that we were unable to purchase thebuilding," Jim Eagle, TCC-Ft. Worth, says in a prepared statement."We would like to have been able to restore the building to aclass-A facility." A reason for the decision is not being given,but Eagle did say that Loutex had shown "excellent cooperation"during the months of talks.
The Aug. 31 sales pact had hinged upon due diligence findings,which have repeatedly stalled the acquisition's final signing. Aclosing had been predicted for Dec. 15.
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