DALLAS-Johnson Properties of Denver, marking its eighth buy in the region, gets a two-building manufacturing site leased for the long term. The Redbird Industrial Park sale caps a 144-day run on the market at $1.8 million.

FRISCO, TX-Craig Hall turns over the 92%-leased multifamily property to a Las Vegas investor, who owns several properties in Dallas and another in Midland. The Windtree Apartments sale includes a $2.4-million HUD loan assumption.

WATAUGA, TX-Wallace/Halpin buys the first of three sites under contract in the region, getting a high-profile corner in a fast-growing suburb for a $2-million retail project. The goal is to create a portfolio of small multi-tenant properties, with nationals on the roster.

HOUSTON-Camden's takeover plan of Summit will get a fair share of its fuel from a JV proposal, with the REIT offering 80% of the pot to an institutional investor. After the dust settles, Houston, Dallas and Las Vegas portfolios will have 3,200 fewer apartment units.

PLANO, TX-In an 80-20% split, JPMorgan Fleming and CarrAmerica partner to buy a 360,823-sf pair of buildings in a submarket where the minority JV player already is the kingpin. Investment circles produce a heated race to the finish for the premier property.

HOUSTON-The Phoenix-based retailer, eyeing Q2 2005 moves, takes 28,640 sf in a repositioned Kmart at Willowbrook Shopping Center and 22,936 sf in an add-on to Deerbrook Marketplace. The shift replaces two of the five oldest stores in the region.

HOUSTON-Moody National Cos. funds a changed plan with a two-year, interest-only loan with a Libor-based floater that kicks in at sub-6% rate. The switch to condos went into play to reap more gain from the recently delivered 176-unit apartment building.

DALLAS-In a convoluted deal, a Trammell Crow fund buys two buildings on behalf of Republic Underwriters, which signs two leases to bring a relocation to fruition. Sources say Republic's Uptown HQ has fetched $70 per to $90 per sf, mostly for the land.