FORT WORTH-Nick Ibarra exits NAI Stoneleigh Huff Brous McDowell after 18 years, starting as an intern and leaving as a principal to form Clear Fork Properties Inc. His first development, the 12,000-sf Davis Tower Shopping Center, breaks ground in January.

IRVING, TX-The hotelier, looking hard in the Midwest and Southwest, wins FelCor's nod for the Harvey Hotel with a 30-day look, 15-day close and cash on the line. Now, it's waiting on Starwood to clear its first Westin franchise and a $20-million makeover.

ADDISON, TX-After eight months of planning, Wachovia gives the nod to Spectrum Center, getting class A space for the team tapped to lead a general banking rollout in Texas. The 10-year deal includes 2,700 sf of retail area, which could be the first to open.

DALLAS-The two-month-old firm adds an associate director of leasing to help fill a 62%-leased portfolio in North Dallas and Richardson. With the addition of Matthew Wieser, Pillar president Manny Ybarra has a full team in place for the lease-up campaign.

DALLAS-Diversified Capital secures extensions from the top five tenants at 1111 W. Mockingbird Lane and lands six new names, a total of 97,131 sf in less than three months. Now, the new owner says it's time to get aggressive to win full-floor tenants.

DALLAS-The tenants-in-common buyer closes the sale 29 days after placing the top offer for the double net-leased office building, built in 1999 for the bus manufacturer. The asset, tagged at $3.9 million, is the TIC buyer's fourth acquisition this year in Texas.

DALLAS-The triple play taps 39,723 sf and lifts the 1.3-million-sf Crescent to 95% occupancy. Lehman Brothers takes 15,754 sf; Merrill, Lynch, Pierce, Fenner & Smith Inc. grabs 12,030 sf; and Merrill, Lynch, Pierce, Fenner & Smith Inc. reserves 11,939 sf.

CARROLLTON, TX-Americo Real Estate marks its first portfolio acquisition in its six-year history, getting a class A package of 95%-leased office/warehouse space in Valwood Industrial Park from Principal Financial Group.