GRAND PRAIRIE, TX-Opus West unveils 395,000 sf of spec product in the Great Southwest Industrial District, where vacancy is one of the highest in town. But, Triple Freeport, interstate frontage and design will quickly sell the space, the developer says.

FORT WORTH-The latest acquisition is Sabine Place, a 13-building complex at 1215 Terminal Rd. Key to the sale is the location within one-quarter mile from 100 units that AmeriSouth bought in February. The deal closed at a 10% to 10.5% cap rate.

DALLAS-The food distribution giant puts 631,802 sf in 13 leaseholds of retail and warehouse space and 14 fee-owned locations on the auction block. Another 2.1 billion sf is up for sale as Fleming looks for added financial footing to work through a Chapter 11.

DALLAS-Work begins this month and is scheduled to wrap up in time for the 2004 holiday shopping season. The first overhaul in the Dallas Galleria's 21-year history adds 50,000 sf of retail space, including a new two-story building.

DALLAS-The 19-month-old real estate banking firm convinces Presidio to part with a 60,512-sf office building at 4809 Cole Ave. in Uptown, investing more than $100 per sf for its first local asset and its second purchase this year.

BALCH SPRINGS, TX-Pioneer Oaks at 4000 Pioneer Rd. in Balch Springs trades at about a 9% cap to a pair of private investors from North Texas and Oklahoma. The upside is wrapped in repackaging the leases, which roll in the next two years.

RICHARDSON, TX-The Dallas-based Portshire Corp. and Chicago investors jumpstart the buying with a 206,860-sf deed in the Telecom Corridor. Granite Properties, which seized the building in early April, stays on site as property manager and leasing agent.

GRAND PRAIRIE, TX-Premium Impressions gets comfortable in 11,000 sf in Grand Prairie in a relocation that doubles its space. In Dallas, spice giant McCormick expands its long-term lease and takes over an entire 106,200-sf building.