DALLAS-The Solana development, which sits on a 900-acre land onnorthwest of Dallas/Fort Worth International Airport, is beingthreatened with foreclosure. The development has more than 2.5million square feet and includes offices, a retail space, a hoteland land.
Lenders who supplied about $395 million in debt for the projecthave planned a foreclosure auction early next month for thedevelopment. The project, owned by a partnership formed byCalifornia-based developers, is situated in Southlake and Westlakealong State Highway 114. For the full story, go to Dallas Morning News.
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