FORT WORTH-Maylar buys the retail center for about $1.2 million, including the assumption of a low-leveraged loan with a pay-off lockout clause. The new owner says the nearly full center with upside potential in a high-growth submarket offsets the loan commitment.

PLANO, TX-FutureWei Technologies reworks two leases a year before they're due to push out the expiration another three years. Aggressive deal making keeps Harrington Place at 82% occupancy and quashes rumored overtures from Plano's neighbor.

ARLINGTON, TX-The investment group is beefing up the portfolio with one-off purchases of older properties, most often of the single-tenant, net-leased caliber. Two of the three acquisitions, totaling 76,656 sf, are in the Great Southwest.

ARLINGTON, TX-Three are up and running in their new spaces while a fourth makes the move July 1, with three of the four taking space in the Great Southwest. In all, 31,502 sf close off at multi-tenant office/warehouse buildings.

FORT WORTH-It's not a binding decision, but Crescent shareholders OK the SEIU's proposal for annual elections for trust managers instead of staggered three-year terms. The SEIU challenge is one of several pending against commercial real estate REITs.

DALLAS-One buyer, one seller and one repositioning plan for two neighboring apartment complexes in an as-is" trade. The 159-unit Carpenter Cove will get a $1-million makeover while some $800,000 will go into the 116-unit Hidden Creek.

DALLAS-Gables Residential buys the complex, assessed at $24.5 million, from Archstone-Smith's six-property portfolio in North Texas on the eve of its takeover of the Denver REIT's third-party property management business.

DALLAS-Vigor Properties secures the loan from SouthTrust Bank to satisfy seller financing from a December 2002 purchase. A re-tenanting strategy is still at work so a LIBOR-based floating rate was the way to go, says the loan arranger.