DALLAS-The lease terms range from two years to 61.5 months, with two deals coming from renewals and one penned by a newcomer. The signed stack affects office buildings in Arlington, Plano and Dallas.

GRAPEVINE, TX-Greenfield Builders Inc. of Indianapolis buys 4.8 acres near the 1.5-million-sf Grapevine Mills Mall to build a 45,000-sf store. Ground breaks in 60 days; completion is planned for late summer in an area where dirt can fetch $13 per sf.

IRVING, TX-The REIT's first deal this year will be in Dallas, with three more hotels trading before Q1 ends. The 900 rooms will bring $30 million in a $125-million sales scenario in which the bid-ask is narrowing and ample capital is flowing.

FORT WORTH-The Minneapolis-based grocery supplier seals the largest long-term lease for an 801,174-sf warehouse emptied in 2002 by Winn Dixie. The deal is a turning point for the building and possibly for the new name on the block.

DALLAS-Tek Nek Toys International uproots HQ and customer service groups in Chicago for 10,388 sf of sublease space in Northfield Distribution Center. Also, Denver's Tom Brown Inc. has opened a regional office in 22,263 sf at Stanford Corporate Center.

DALLAS-Four vice presidents in Dallas and one in Los Angeles in Archon Financial's securitization group are named SVPs to lead their regions. A second round of Dallas promotions delivers new berths to four loan officers.

DALLAS-WAK Management is pumping $2 million into the repositioning of two apartment complexes bought out of foreclosure after sitting on the market nearly a year for a combined $17.5 million. Work and re-tenanting are into the third week.

FORT WORTH-The one-time fiscal drain for JV partners, Crescent and Vornado, secures the new capital from Morgan Stanley. The REITs get $225 million of returned equity from placing debt against 21 assets and seven leases in the 89-property portfolio.