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ALLEN, Tex.--In partnership with the Allen Economic Development Corp. (AEDC), Houston-based Sentinel Capital recently broke ground on the first phase of AllenPlace, a master-planned 22.5-acre, 700,000-square-foot, five-building, class A office park located along the east side of North Central Expressway between Millennium Drive and Butler Drive in Allen.
HOUSTON--JLL Capital Markets has closed the sale of 1500 CityWest -- a 192,313-square-foot, class A ten-story office building located in Houston's Westchase submarket -- on behalf of Metro National Corp.
AUSTIN--Transwestern has arranged the sale of Park Central, a 114,091-square-foot multi-tenant office building located in Austin's north submarket, to an investment partnership headed by Vista Equities Group of Houston.
LAFAYETTE, La.--Seattle-based Nordstrom Inc. is planning to open its second company store next year in Louisiana: a Nordstrom Rack at Ambassador Town Center in Lafayette.
DALLAS--Orlando, Fla.-based CNL Commercial Real Estate Inc. has acquired the former Fossil Watch headquarters building in Richardson through a joint venture investment with CenterSquare Investment Management.
HOUSTON—Woodforest is getting a retail presence. The master-planned Montgomery County community will soon see a CVS Pharmacy, after The Johnson Development Corp. has sold a tract of land to LASCO Development Corp.