PLANO, TX-Infrastructure work starts in weeks, allowing the 180,000-sf Palomino Crossing I to begin in August. With 82 acres straddling two cities, there are more plans in the works.

PLANO, TX-Infrastructure work starts in weeks, allowing the 180,000-sf Palomino Crossing I to begin in August. With 82 acres straddling two cities, there are more plans in the works.

DALLAS-A syndicated investment group from West Bloomfield, MI buys Casa de Loma as replacement real estate for a 24-unit complex in the same submarket.

DALLAS-Ashford swaps fixed-rate interest for floating rate after finding RevPAR mimics the rise and fall of rates. It's a $5-million upfront bet there's gain to be made in the markets.

FORT WORTH-Hillwood backfills a 75,344-sf prelease retreat at Heritage Commons II with DynCorp International. The deal jump-starts design work on a 150,000-sf class A office.

DALLAS-The D/FW airport board ends a long campaign to get Foreign Trade Zone status for commercial land in southern Dallas. Five developers and a municipal airport benefit.

ALLEN, TX-The East Texas-based bank, eyeing a half dozen branches in the metro, will keep two acres for its flagship location and sell the rest to a shopping center developer.

IRVING, TX-Tanger will build 380,000 sf of leasable retail in a racetrack. Today, Tanger's in the spotlight for the Texas Stadium redevelopment; tomorrow is Forest City's turn.