Dallas/Fort Worth

DALLAS-Manhattan I gets the $2.3-million full ask from an Austin buyer, who goes the distance for a 0.9-acre tract deemed more valuable than the 41-year-old buildings.

McKINNEY, TX-The developer plans to build 440 to 460 units of its Estates brand on the site. Word on the street is work starts as soon as city officials give their nod.

COPPELL, TX-CNC beats a crowded field of competitors to win Townlake at Coppell from CWS Capital, which had set the marketing hook by rehabbing 10 units to show upside.

DALLAS-In simultaneous closings, Cobalt Capital gets 3.2 million sf of 90%-leased industrial space in seven cities from Rreef, Lincoln Property Co. and local owners.

FLOWER MOUND, TX-Granite begins work on 90,200-sf and 61,800-sf buildings in the park after several tenant prospects clamor for new yet smaller distribution spaces.

DALLAS-Transwestern Dallas and Delta Associates kick off the forecast season, predicting the region's fundamentals stay in the black as the nation's economy slows.

COPPELL, TX-With Welton USA's nod as a firing pin, Duke starts its second warehouse this year in Point West. The mega-lease is the park's second big catch in one month.

DENTON, TX-The buyer nails Savannah Trails as its first purchase in North Texas. Sources say market and property dynamics make for a $13-million to $13.5-million trade.