ARLINGTON, TX-Gillean Properties buys a $2.4-million note and forecloses on the Huntington Beach, CA investor to get control of the 200-unit Winding Oaks Apartments. Now, $2 million will go into fixing up the 45%-leased project for the turnaround plan.

PLANO, TX-The hotelier's Atlanta team gets 6.3 acres near the high-profile crossroads of McDermott and Preston roads. Construction could begin on a 148-room Staybridge Suites within 90 days.

ROCKWALL, TX-The developer and officials from the city, county and state gather Friday for a lakefront shovel-turning on a 225,000-sf lifestyle center. Cinemark's long-term lease gets work moving with a Hilton Hotel in place as the third phase component.

RICHARDSON, TX-Stream International takes 46,785 sf of ready-to-go office space through the November 2006 balance of ADC Telecommunications' term and options its hold on the rest of the building. Then, a direct lease is signed two years in advance.

FORT WORTH-The agent doing the search for ReCellular Inc. of Dexter, MI cold calls on a sign that turns up just the right space in the right section of the city. The cell phone recycler locks in its first North Texas shop just as it inks a new pact south of the border.

DALLAS-HRT confirms it will take over management and leasing from Trammell Crow Co. when it buys the one million sf of medical office product from Baylor. The 20 buildings average 10 to 12 years old and 96% leased for the most part.

RICHARDSON, TX-As the sales book's being drafted, Greystar does an end run with an offer too good for Investcorp to pass up. The seller takes a pre-payable penalty hit so the Sonterra at Buckingham can trade free and clear to the benefit of buyer and seller.

FRISCO, TX-Placing the top offer, Component Capital of Dallas gets a 9.5-acre tract at Custer Road and Eldorado Parkway from Cypress Equities. Build-out will hinge, in part, on a big box retailer's talks for a spot across the street.