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AUSTIN-Colliers Oxford Commercial seals deals with four tenants for a total 89,000 sf of industrial space. One Tech Plaza at 2113 Wells Branch Parkway gets two new tenants in the leasing activity.
DALLAS-WorkPlace USA has launched an aviation brokerage and sales division, naming the founder and president of Dickerson Aero Inc. as the team's vice president. The division targets sales, purchases and advice on corporate aircraft and equipment.
AUSTIN-The single-family housing market is so tight that Los Angeles-based Kaufman & Broad Home Corp. now has a 12-community development pipeline going in Austin. A local spokesman says the undertakings could very well net the homebuilder a top award by the housing market.
DALLAS-A manufacturer and distributor of picture frames needs more space, signing a lease renewal and expansion to provide 67,600 sf for its operation. Arquati Moulding is a tenant in the Frankford Distribution Center II
HOUSTON-Reliant Energy scores with Harris County, securing naming rights in a 32-year deal for sports and convention facilities. Among the structures that will bear Reliant Energy's name is Houston's new NFL stadium.
AUSTIN-An employee of Chase Manhattan Bank in Austin shifts affiliation, heading to Trammell Crow Co. to manage its Austin industrial portfolio. The new hire had been overseeing a 100-property portfolio for Chase Manhattan.
SUGAR LAND, TX-Kent Electronics is expanding its operation in the Sugar Land Business Park. The firm is undertaking a 150,000-sf office project so it can relocate it headquarters from southwest Houston to Ft. Bend County.
HOUSTON-Extrusion Technology inks a deal for 142,000 sf of industrial space for a manufacturing site in the 80-acre Continental Emsco facility. The company is a supplier of titanium and other specialty steels.
AUSTIN-Robert Halff International has more than tripled its office space, signing a five-year pact for class-A space in a Central Business District strapped by a 1.8% vacancy rate. Halff's landlord owns both buildings, making it possible to grow.
DALLAS-Sterling Bancshares of Houston and Provident Bank of Cincinnati will open offices in Dallas, saying the owner-operated small- to mid-size commercial market is being under-served by existing lenders. Sterling's Dallas office will open in the fourth quarter.