FORT WORTH-After 15 years of working the land, Hillwood has picked out 240 acres for a "power" town center of mixed-use space. Two anchors are in place; a third is en route. Now, it's time to ready the plan for a groundbreaking on 600,000 sf to 700,000 sf.

FORT WORTH-After 15 years of working the land, Hillwood has picked out 240 acres for a "power" town center of mixed-use space. Two anchors are in place; a third is en route. Now, it's time to ready the plan for a groundbreaking on 600,000 sf to 700,000 sf.

DALLAS-The hotelier sticks to the plan to hand off 23 hotels by month's end to a private investment fund managed by Goldman Sachs and affiliates of Highgate Holdings Inc. The deal's technically done although there are two more closings penciled for Q2.

DALLAS-The hotelier sticks to the plan to hand off 23 hotels by month's end to a private investment fund managed by Goldman Sachs and affiliates of Highgate Holdings Inc. The deal's technically done although there are two more closings penciled for Q2.

DALLAS-ITW Mortgage Investments II has sold three properties in Farmers Branch and Carrollton in a routine turnover of a five-year hold. Cabot Properties pays $16.3 million to start its ownership run.

FORT WORTH-The San Francisco investor gets a fully occupied, subsidized project that's coming off a one-year repositioning. Seller AmeriSouth Realty Group gets close to $2.25 million after spending $400,000 for a rehab and boosting occupancy by 20%.

LEWISVILLE, TX-The local investor plans to sit tight until construction wraps up at Interstate 35 and FM 407. But when it does, the land with 1,000 feet of service road frontage will be divvied into parcels and sold.

DALLAS-Sources say GE Real Estate and Champion Partners pushed the 2.6-million-sf package to market for one reason: the chance for a quick return due to compressed cap rates. The deal closed with a 7.6% cap rate, according to today's talk.