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AUSTIN-The Texas Growth Fund, one of the largest and most active private equity investors in the Southwest, has acquired Kerrville-based Qualified Metal Fabricators Inc.
SAN DIEGO-A 1,000-acre development featuring a golf course, hotel and retail overlooking the Pacific Ocean is being marketed by a wholly owned Mexican subsidiary of Tri-National Development Corp, which holds exclusive management and construction contracts for the site.
ORANGE COUNTY, CA-Despite the state Legislature's approval, Gov. Gray Davis kills plan to help Tustin convert its closed military base into commercial and residential project.
BEAUMONT, TX-CBL & Associates Properties will purchase 21 malls, including Parkdale Mall in Beaumont, from the Richard E. Jacobs Group for $1.2 billion. The Parkdale Mall, with 150 stores, is one of the largest retail spots in southeast Texas.
ARLINGTON, TX-A three-year-old high-tech operation is moving its corporate offices and manufacturing facilities to 15,000 sf at 2001 E. Randol Mill Rd. The company, which started in a back yard, has simply outgrown its 3,000-sf building in Ft. Worth. The move will enable a doubling of the workforce.
CHICAGO- The West Loop loft boom continues with West Madison Developers and New West Realty announcing a 146-unit, high-tech loft project at 1501 W. Madison. West Madison expects to make another major residential loft announcement before the end of the year.
BLOOMFIELD, MI-Developer Harbor Cos. will have to get new zoning for 80-acre site, which will include three million-sf of offices, a hotel and entertainment and retail space. The project is expected to take up to ten years to complete and was eight years in land acquisition.