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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Venture completes retail leases across North Texas


Venture Commercial has completed retail leases for landlord and tenant clients totaling more than 133,000 square feet across North Texas.
“Significant leasing activity across the area in recent months shows that the D-FW retail market is really heating up,” said Bryan Cornelius, a partner with Venture Commercial. “We are pleased that landlords and tenants alike continue to turn to Venture for their leasing needs, and we look forward to an even stronger second half of 2013.”


The retail leases are for the following:
Whole Earth Provision Co. has opened a store in a 22,361-square-foot space at 321 State St. in the Southlake Town Square shopping center. This is the retailer’s third location in the Dallas-Fort Worth market. Larry Leon, Jonathan Cooper and Ross McCook of Venture Commercial represented the tenant. Rand Horowitz of United Commercial Realty represented the landlord.


Starbucks Corp. has signed a new lease and will move from its current downtown Fort Worth location at 404 Houston St. to a larger end cap at the corner of Houston and Fourth streets in Sundance Square’s Westbrook development. The new cafe, expected to open in November, will total 2,170 square feet and include an outdoor patio. Ken Reimer, Bryan Cornelius, Jim Dunn and Katie Vance represented Starbucks. Bill Booker of Sundance Square Management LP represented the landlord.
Party City Corp. has signed a 12,389-square-foot lease at Overton Park Plaza, 4826 S.W. Loop 820 in Fort Worth. Larry Leon, Jonathan Cooper and Ross McCook represented Party City. Daniel Goldware of Weingarten Realty represented the landlord.
Five Below Inc. has signed a lease to open an 8,000-square-foot store at 5238 State Highway 360 in the Lake Prairie Towne Crossing shopping center in Grand Prairie. Chris Corbin and Easley Waggoner of Venture Commercial represented the landlord, Kimco Realty. Greg Bracchi of Edge Realty Partners represented Five Below. Five Below is a Philadelphia-based retailer of low-priced merchandise for teens and pre-teens and has 15 locations in Texas.


Stacy Furniture & Design has signed a lease to open a 43,250-square-foot store in the Preston Parker Crossing shopping center at the northeast corner of Preston and Parker roads in Plano. John Zikos and Chris Booras of Venture Commercial represented the tenant, Stacy Family Enterprises Inc. Carter Butler and Maury Levy of United Commercial Realty represented the landlord. Venture is looking for additional locations for a continued Dallas-Fort Worth area expansion of the family-owned furniture business.
Durango Trading Co. has moved its eclectic home furnishings and accessories store to a new 14,286-square-foot space at 14999 Preston Road in the Preston Beltline shopping center, located at the southwest corner of Preston and Beltline roads in Dallas. Amy Pjetrovic-Hunnicutt and Chris Green of Venture represented the tenant. Tim Thompson of Crestview Real Estate LLC represented the landlord.
Gen-X, a men’s, women’s and children’s urbanwear clothing store, has signed a lease to open a 14,650-square-foot Gen-X clothing store in the Wynnewood Village Shopping Center, located on the northeast corner of West Illinois Avenue and South Zang Boulevard in Dallas. Bryan Cornelius and Tonya Hagood of Venture Commercial represented the tenant, working with master broker Chris Monson of Mountain West Retail. Scott Singleton of Brixmor represented the 
landlord.


99 Cents Only Stores Texas Inc. has leased a 16,086-square-foot anchor space in the Galloway Plaza shopping center at the southeast corner of North Galloway Avenue and North Town East Boulevard in Mesquite. Larry Leon, Clay Mote, David Schnitzer and Ross McCook of Venture Commercial represented the tenant. Bob Baker of Baker Holdings Inc. represented the landlord.

Grand Prairie
Rochester Midland Corp. has leased 12,194 square feet of industrial space at 1330 Post and Paddock Road in Grand Prairie from Columbia Texas PP Industrial LP. Will Dillard, broker associate of Bradford Commercial Real Estate Services, represented the tenant. Peter Yates and Gil Stroube of Lincoln Property Co. represented the landlord.
Accel Expeditors Inc. has leased 8,797 square feet of industrial space at 827 S. Great Southwest Parkway in Grand Prairie from First Industrial Texas LP. Dillard represented the tenant. David Dunn of Dunn Commercial/Sperry Van Ness represented the landlord.

Leases, etc.
Tarrant County Hospital District dba JPS Health Care Center leased 11,956 square feet of office space at Mid Cities Health Care Center, Grand Prairie. Jim Sager with Transwestern represented the landlord. … Miguraland Express leased 11,800 square feet of industrial space at 1651 Hickory Drive in Haltom City. Amy Baker and Jeff Givens with Transwestern represented the landlord. … Halle Joy leased 6,750 square feet of industrial space at 2413 Gravel Road in Fort Worth. Amy Baker and Jeff Givens with Transwestern represented the landlord. ... A Sprouts Farmers Market has opened in Keller at 2003 S. Main St. near Tarrant Parkway. The 32,707-square-foot store is Sprout’s 13th in the Dallas-Fort Worth area. Sprouts is a Phoenix-based grocer that focuses on organic and natural foods.

Send real estate news to Robert Francis at rfrancis@bizpress.net
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?