FORT WORTH, TX-More than 12,000 sf in retail space leases have been negotiated by The Woodmont Co. Most of the leases are in the firm's hometown of Fort Worth, but one larger restaurant lease is located in nearby Granbury.

DALLAS-Prime Hospitality Corp. is selling off its hotels and focusing on franchising and management. The initiative includes the sale of the Dallas/West End AmeriSuites and has generated the company $250 million in two years.

DALLAS-The six-story, 80,000-sf office building in the struggling Stemmons submarket has been sold to a private investor. Terms of the deal are not released. The class-B building is 65% occupied.

HOUSTON-Mayor Lee Brown and other council members tag discussion on leasing the Compaq Center to Lakewood Church for 90 years. They will discuss the issue again Dec. 5.

DALLAS-Gables Residential has disposed of two older apartment communities in Dallas and Houston to a non-profit 501 (c) 3 organization for a reported $54.3 million. It includes the 536-unit Arborstone complex here.

HOUSTON-A Texas legend, the old Texas Bolt Co. 270,000-sf bix box manufacturing facility, has been sold to a new user in Standing Stone Development, which plans some redevelopment. Asking price was $1.795 million.

HOUSTON-AES NewEnergy, an electricity provider in the new deregulated environment, has taken the 17,297 sf space at 13601 McKinney in the Central Business District as the oil company continues a sublease trend.

DALLAS-The post-Sept. 11 future of commercial real estate, says Society of Industrial and Office Realtors president Steve Blau, is more properties "are concentrated increasingly in fewer and fewer hands.