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SOUTHLAKE, TX-Hines banks the largest undeveloped site in the city after nine months of talks with Newland Communities. A new name and new master plan are coming.
DALLAS-Lufthansa will make twice weekly direct flights to Mexico City and add one more to Frankfurt, a marketing boon for the 2.2 million sf of industrial going up on airport land.
RICHARDSON, TX-Koll Development turns crews loose this week on a one-million-sf build-to-suit campus for Blue Cross and Blue Shield of Texas. Delivery is late 2009.
VAN ALSTYNE, TX-When another buyer's deal collapses, a Dallas partnership jumps to buy commercial land near US Hwy. 75 and Grayson County Community College.
FORT WORTH-The buyer inks its second off-market deal in 14 months at the city line and I-35W. The resale plan targets industrial, office and multifamily developers.
IRVING, TX-A 1031 exchange buyer from Beverly Hills, CA offers 99% of the $6.4-million ask to stop marketing after three days of the 90%-leased Willows Apartments.
FRISCO, TX-Westwood pencils a November start for its part of Centre at Preston Ridge's phase two. With hotels rising and residential ready to go, Oakridge will add more retail.
FORT WORTH-USAA starts work on a 428,400-sf distribution center to get spec on the ground while turning up the heat on building out the 633-acre Railhead Industrial Park.