IRVING, TX-The Los Angeles buyer wins the 135,000-sf Las Colinas Plaza, the only freestanding shopping center in the Crescent portfolio. Part of the package since the REIT was formed, the non-core asset shakes a cross-collateralization to reach the market.

PHOENIX-The office market makes its strongest showing in two years, with class A space accounting for all but 20,000 sf of the gain. Meanwhile, vacancy dropped and so did deliveries. But there is a dark cloud: rent fell for the second straight year.

BEDFORD, TX-Dunhill Partners uses a $13-million senior facility and $3.1-million mezzanine piece to buy the 192,000-sf center from RM Crowe Co. The capital covers acquisition and repositioning of the 83%-leased center.

DALLAS-The Dallas-New York City partners sell the last asset to a Toronto buyer who was familiar with the property. The complex, which required a Fannie Mae assumption, was on the market for nearly $7 million.

PHOENIX-Developer Dan Thomas of IBC Southwest plans to raise a 14,000-sf brownstone design, with five suites of 2,800 sf apiece, on the one-acre tract, bought on the eve of a price hike for the dirt. The land brings $206,910.

CARROLLTON, TX-Miller Bros. Flooring Co. sets up shop in 16,933 sf after signing a mid-term lease for an end cap build-out with added showroom space. In East Dallas, a new manufacturer opens in 5,068 sf with a five-year lease and a below-market rate.

PHOENIX-Crown West Realty grabs the five-building, 107,261-sf flex project from Cook Inlet Region of Arizona Inc., an Alaskan seller ending a 20-year hold in an exit of Phoenix. The buyer now has three properties in a half-mile radius.

FORT WORTH-Tarrant County is destined to have a very good year with the revenue predicted to flow from its share of wells being drilled in the Barnett Shale. Add in Lockheed Martin's Joint Strike Fighter development, and it's a win, win, win.