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Rubber & Gasket Stays Put, Renews 15,000-SF Industrial Space

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FORT WORTH-The Arkansas company decides to remain in its original industrial property at Carter Business Center. Also: Other southwest commercial real estate news.

Stream Launches Expansion Plan, Promotes Texas Executives

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DALLAS-Commercial real estate transaction completions totaling more than 21 million in 2011 led to promotions in Austin, Dallas and Houston.

Spec's to Open Stores in Fort Worth, Plano

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FORT WORTH-Houston-based Spec's Wine, Spirits & Finer Foods has inked two lease deals in Forth Worth and a lease deal in Plano.

400,000-SF Office Planned for Victory Park

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DALLAS-In its first venture since obtaining ownership of mixed-use Victory Park, Estein & Associates partners with KDC to plan the building. Assuming strong pre-lease, construction could launch in 2012.

Retail Assignments Go to Stream

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PLANO, TX-Stream’s local office is handling leasing and property management for two retail centers totaling 232,600 square feet and additional commercial real estate news from the southwest.

Developer to Break Ground on Denton Student Apartments

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DENTON, TX-Dallas-based Fountain Residential Partners and Crosswind Development Partners are planning to start construction on a student housing community in Denton.

AmeriCan Prepares to Close on 272 Units

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DALLAS-The value-add buyer readies to add its third local multifamily property, Diamond Creek, to its growing apartment portfolio for just under $4 million.

Brookshire Leads the Way at the 47-Acre, MXU Joshua Station

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JOSHUA, TX-After years of waiting, the regional grocer will break ground this summer on a 37,000-square-foot store. Also potentially under development in 2012: Retail, restaurants and multifamily.

Woodland West Marketplace Gets New Owner

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ARLINGTON, TX-An investment trust based in California has bought Woodland West Marketplace, a 176,414-square-foot retail center at Park Row Drive and Bowen Road in Arlington.

HSM Boosts Aggressive MF Plan with Lewis Wood Hire

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DALLAS-Less than a month after the merger between TriVest Residential and Henry S. Miller Cos., Wood returns to the company with one goal: Put HSM on the multifamily map.

Clark Hired as Centerline Managing Director to Head Southwest Region

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DALLAS-Clark will focus his efforts on multifamily property agency leasing and developing alternative capital financing strategies. Also: Additional Southwest real estate news.

Hillwood Begins Second Phase of Monterra Village

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FORT WORTH-Hillwood Multifamily, an affiliate of Fort Worth-based Hillwood Properties, has started the second phase of the 130-acre Monterra Village development at Alliance Town Center.

Crow Holdings Beats 14 Bidders for 1.2M TA Associates Portfolio

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DALLAS-The maturation of one of the Boston seller’s funds paves the way for the local buyer’s ownership rights of 10 industrial buildings in the Dallas and Houston areas.

HSH Nordbank Buys Victory Park Condos, Retail Site at Auction

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DALLAS-HSH Nordbank AG, a German-based lender, has acquired the remaining condos of a Victory Park project for $32 million and an adjacent retail lot for $3.5 million at a foreclosure auction.

CBRE Brokers 1.2M-SF Portfolio Sale to Crow Holdings

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DALLAS-TA Associates’ Lonestar portfolio, made up of 10 assets here and in Houston, is nearly 99% leased.

Three North Texas Medical Office Buildings Sell for $43M

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DALLAS-PM Realty Group, a commercial real estate firm, has sold three of its medical developments located in North Texas for $43 million.

O’Hanlon Takes Behringer Harvard EVP and Fund Leadership Positions

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DALLAS-The veteran joins Behringer Harvard from Billingsley Co. Also included: Commercial real estate news from the Southwest.

TCC and Principal Ready a Second $1B Investment Program

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DALLAS-Happy with its first “formal” JV, Trammell Crow and Principal Real Estate team up to spearhead commercial real estate developments, with a focus on industrial and office product.

NorthMarq Arranges $136M to Recapitalize Student Housing Portfolio

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DALLAS-NorthMarq’s local office finds permanent financing for the six-asset Diamond Student Housing portfolio, consisting of 1,852 units and 5,112 beds.