GRAND PRAIRIE, TX-Standard Warehouse Corp. strikes a sale/leaseback for its 507,984-sf distribution facility while Alexander & Baldwin unloads seven buildings with 843,000 sf. ProLogis now owns 6.5 million sf in the Great Southwest Industrial Park.

DALLAS-A 55,290-sf warehouse in Farmers Branch, empty since mid-2001, fetches well above $30 per sf from a local investment group while a 5,000-sf office building in Uptown, vacant for 1 1/2 years, pulls close to the $600,000 asking price.

DALLAS-American Realty, Transcontinental Realty and Income Opportunity Realty are on their way to being one. An October 2001 settlement plan of a drawn-out lawsuit gets court approval a week after corporate chieftains are acquitted of securities fraud.

FORT WORTH-MBS Realty beats out 15 others for a 23-year-old complex near Lockheed Martin in West Fort Worth. The property reportedly brings more than $31,000 per unit for a seller looking to trade up.

PLANO, TX-The 234-unit, class A Villas of Spring Creek in Plano go to an out-of-state investor in a 16-bid face-off. Interest ran high in light of a mandate that the buyer take an abutting 11 acres entitled for a 162-unit second phase.

FORT WORTH-Crescent Real Estate Equities and an operating company sign a take-back plan for real estate assets. The REIT will pay $14 million instead of the announced $18 million, to cover bankruptcy costs. Now, shareholders and the court get to decide if it's a go.

DALLAS-1477 Wireless of Dallas lands its first contract to implement an on-line maintenance program for the multifamily sector. Dallas jumpstarts the lighting process Feb. 25 at 20 properties, with the balance of the AMLI portfolio going live in May.

DALLAS-The region's office market is showing signs of life as brokers close three more deals for class A space. Uptown, Las Colinas and Richardson reap the rewards of brokers' efforts on this go-around.