Dallas

Hines and AEW Capital Management have started work on the second phase of Parc 114, a fully-leased industrial park in Irving, Texas.

A joint venture formed by Houston-based Johnson Development Corp. and Toronto-based Tricon Capital Group Inc. has kept busy in Texas, having recently closed on Viridian, a 2,083-acre master-planned community in Arlington.

Two multifamily assets in Fort Worth, Texas have found new owners under the guidance of Marcus & Millichap.

Fillmore Capital Partners and Medici Development Partners, alongside Fillmore Hospitality and Choice Hotels International Inc., have announced the groundbreaking of a 175-room hotel dubbed Cambria Southlake DFW North as well as the grand opening of Kimball Park, the mixed-used commercial development where the hotel is located.

Dallas-based architecture firm BOKA Powell has recently completed the design work for the Hatcher Station Health Center, an $11.2 million clinic developed by Frazier Revitalization, Inc. and operated by Parkland Health and Hospital System.

As Commercial Property Executive has reported, it’s been a tough year for RadioShack Corp., which, despite its history of almost 100 years, had to file for Chapter 11 bankruptcy after amassing $1.4 billion in debt. While certain assets have already been disposed of, others are now making headlines.

A joint venture formed by Sealy & Company and AEW Capital Management recently disposed of a 1.48 million-square-foot industrial portfolio.

Back in 2011, when Whitestone REIT announced that it had closed on the Shops at Starwood in Frisco, a Class A, 55,385-square-foot retail center and on an adjacent 2.73-acre parcel, the REIT had no idea how much of a problem occupancy will be.