DALLAS-Two related companies, existing tenants at 1700 Pacific, replace a five-year lease with a new one at a new rate and a relocation from 3,500 sf into 15,485 sf of class A space. McGraw Hill comes through the door for 5,957 sf for its Standard & Poor's team.

DALLAS-Able Electric Service, a Summit Electric Co. customer, takes the supplier's old stomping grounds at a price that was firmed up in 2001. With Summit now relocated, the 2626 Electronic Lane sale passes the closing table.

DALLAS-The work has been 18 months in the making as world-renowned architects fashion a crown jewel for the eastern perimeter of the Dallas Arts District. With the buildings' placement now set, the focus shifts to the structures' concepts.

DALLAS-Waterton Associates in a JV with CalSTRS purchases Summit's Camino Real after a three-year lull from buying in the market. Priced at $75,000 per door, the complex goes for less to a buyer with another $50 million to $75 million to spend in the region.

FORT WORTH-Cross Cos. decides to pull the industrial building at 3209 Alta Mere Dr. from the "for sale" market now that it's fully leased. The decision-maker is a five-year pact with Consolidated Electrical Distributors Inc.

PLANO, TX-McDowell Packaging & Advertising buys the balance of ProLogis' frontage along Plano Parkway in Research Technology Crossroads in a speedy three weeks of negotiations to cap an 11-month search for an expansion location.

FRISCO, TX-Centennial Village will consist of 12,500 sf of retail and 10,000 sf of medical office space, set on 2.5 acres less than a mile from an under-construction hospital. The land is acquired in a pass-through trade from one developer to another.

DALLAS-Buyers, sellers and lenders alike look at the changing financials as a way to help restore yesterday's margins until job growth and demand return. But the interest rate isn't all that will be rising, say speakers at C&W's multi-housing forum.