AUSTIN--Hat Trick Development has broken ground on a new, 37,000-square-foot medical office building serving the Dripping Springs area.

FORT WORTH-- Riverbend Complex LLC has purchased Riverbend Center, a 188,355-square-foot industrial/flex property in Fort Worth, for an undisclosed price. Transwestern's Investment Services group completed the disposition on behalf of Klabzuba Realty LLC.

Toxic PCBs widely found in building materials are only regulated if they are discovered, but there is currently no regulation requiring CRE owners or investors to test for it. When is it advisable to test during due diligence, and when is it reasonable to avoid the issue so as not to trigger mandatory cleanup in case contaminated materials are found?

PHOENIX—Lincoln Property Company and funds managed by Oaktree Capital Management, L.P. have completed the $58 million purchase of Biltmore Commerce Center, a class A, institutional-quality office building located in the heart of Phoenix's coveted Camelback Corridor.

DALLAS--Granite Properties has announced two new restaurants are coming to its flagship master-planned development Granite Park in Plano.

HOUSTON—Cadence McShane Construction Co. has promoted Colby Rose to vice president. Rose will relocate to the company's regional Houston office from its Addison headquarters.

Hear directly from the CRE professionals at the forefront of new and ongoing developments and how it will impact real estate business markets in the region at large. From the I-4 Ultimate Project and the expansion of the SunRail, to the retail and new tourist attractions at I-Drive 360 and the mixed-use planned community known as Lake Nona, Central Florida is extremely active. Industry experts will cover Daytona Beach, Tampa Bay and everything in between.

AUSTIN—Rise and shine: Highland Resources Inc. is bringing Denver-based restaurant Snooze an A.M. Eatery to its Lamar Central mixed-use development.