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Industry - Real Estate latest news



FDIC Adds Another 125,000 SF at Energy Plaza
The Federal Deposit Insurance Corp. will expand operations at energy Plaza in Dallas. It is close to signing a five-year, 125,000-square-foot office lease at 1601 Bryan St., according to published reports. FDIC's Division of Resolution and Receivership...
Costar Friday, August 29, 2008

Halcrow Inc. moving to Oakland City Center
International infrastructure planning and design firm Halcrow Inc. plans to move to Oakland City Center in December.
bizjournals Friday, August 29, 2008

Integrity Bank fails, bought by Regions Financial
Integrity Bank's skyrocket run as the fastest-growing bank in Georgia history, fueled by housing construction, has ended in failure. (RF)
bizjournals Friday, August 29, 2008

Parent of shuttered United Title of Texas files for bankruptcy
Nearly a month after United Title of Texas Inc. was forced to shut down its 27 offices around the state, the former title group’s Colorado parent company has filed for bankruptcy.
bizjournals Friday, August 29, 2008

Merritt Properties adds tenants to Ashburn site
Merritt Properties LLC recently signed two tenants to its Ashburn properties.
bizjournals Friday, August 29, 2008

Capmark Finance Names New SVP
Capmark Finance Inc. named Ashley Harkness senior vice president of its Dallas mortgage banking office. Harkness will handle originating commercial real estate loans under Executive vice president William Ross. Harkness was vice president of JPMorgan...
Costar Friday, August 29, 2008

Grubb & Ellis Healthcare REIT Takes $44.8M Portfolio
Grubb & Ellis Healthcare REIT Inc. purchased five medical office properties in Texas and Missouri from The Cirrus Group, for $44.8 million, or about $260 per square foot. The 171,973-square-foot portfolio consists of 5551 Winghaven Blvd. in O'Fallon...
Costar Friday, August 29, 2008

Rosemeade Park Retail Sells For $2.75M
Miami-based REIT Equity One sold a three-property retail portfolio in Carrollton, TX, to private investors for $2.75 million or $54 per square foot. The properties are part of the Rosemeade Park shopping center and were 77% occupied at the time of sale...
Costar Friday, August 29, 2008

Colonial Properties Trust Sells Apt. Portfolio for $40.8M
Colonial Properties Trust, a Birmingham, AL-based REIT, sold a four-property multifamily portfolio in Texas, to private investors for $40.8 million, or about $51,000 per unit. The 800-unit portfolio consists of four properties, totaling 582,170 square...
Costar Friday, August 29, 2008

Fronteras Names New VP and Associate
Rolando Leal and Michael Trenary have joined Fronteras Commercial Real Estate, Dallas/Fort Worth's first commercial real estate firm to specialize in the Latino retail market, as vice president and associate. Fronteras brought Leal and Trenary on board...
Costar Friday, August 29, 2008

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