WAXAHACHIE, TX-The build-out phase ramps up next week for the $16-million Blue Lake development, a gated lakefront community with 186 filled units and a waiting list for market-rate apartments.

DALLAS-Sanctioned by the International Facility Management Association, it will be an international clearinghouse to develop "best practices" for design, construction and maintenance. The first president and first meeting fly the DFW International Airport flag.

ARLINGTON, TX-In a hotly chased race, Equity One crosses the finish line with a $31.5-million check for the 101,016-sf Creekside Plaza and 118,092-sf Village, a pair of Tarrant County centers with high occupancies and key locations.

DALLAS-PRG Realty and Behringer Harvard start talking to developers, mostly hotel and multifamily, to take their acquisition to the next level. A decision for a ground-leased office building, banking facility and 1.6 acres of prized land could be ready in 90 days.

DALLAS-The Aladdin Apartments' location baits 13 offers for a local seller who's ending a 12-year hold of the 34-year-old complex. The top offer on the table pushes 4% above the $1.1-million ask as an experienced multifamily owner claims his first Texas deed.

GRAPEVINE, TX-The Old Main Shopping Center changes hands in an off-market trade that closes in 75 days. The 88%-occupied center has leases averaging 3.7 years with the closest roll being three years out.

DALLAS-Curtis Specialized Moving & Storage grabs a 43,200-sf building at 460-470 W. Mockingbird Lane and All Over Transportation locks onto 9,000 sf at 4816 Lakawana. Both tenants are planning April 1 move-ins.

DALLAS-Mayor Laura Miller tells the brokerage community that an unofficial real estate commission will be unveiling a formula for change in the coming weeks, just one of several hot issues that she touched upon in a quasi-state-of-the-city spring address.