FORT WORTH-The local city council will apply for a $12-million HUD loan and $2-million "Brownfield" grant to help fuel redevelopment of a Montgomery Ward site into a 45-acre retail village. The design is still being discussed, but federal deadlines push the action.

DALLAS-Wave Wash acquires the land along Northwest Highway near the Garland line from ROE Realty, an affiliate of the RO Evans dealership. With the all-cash deal done, the car wash operator is awaiting the building permit.

BEDFORD, TX-Up for grabs is the Shops at Central Park, an 88%-occupied office and retail complex at a "go-to" suburban intersection. Real estate sources say it supposedly has a $42.5-million price tag.

DENTON, TX-The Dublin, OH manufacturer is toying with a return to a five-year-old build-to-suit that it's been subleasing to other industrial users for several years. A short-term sublease is cut while corporate execs ponder the plan.

WHITE SETTLEMENT, TX-Academy Sports & Outdoors claims 71,000 sf of the 107,000-sf store emptied at the beginning of the year. The Steve Graham Co. redevelopment will allow Academy to open doors in November.

NORTH RICHLAND HILLS, TX-The 91%-occupied Diamond Loch Apartments bait five full-price offers with the New York seller picking a Denver buyer with the ability for a quick close. The deal includes a $3.3-million Fannie Mae loan assumption.

NORTH RICHLAND HILLS, TX-The Fountain of Life Church buys Northwood Plaza, a regional center with a vacant grocery anchor spot and 97,977 sf of 94%-leased inline space. The store will be converted to a church and the balance taken down, as needed.

FORT WORTH-A 10,000-sf facility, once home to Tutor Time, is up and running as B&B Learning Center, marking the second location for the Fort Worth church-affiliated operation. At Hulen Square, Scrapbook Page relocates into 5,880 sf.