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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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New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

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Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

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Home health firm relocates to Ridglea from downtown

Southwest Home Health Services has leased new headquarters space in the Ridglea East Building in West Fort Worth, setting a plan in motion to relocate Oct. 1 from the downtown.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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Western Place towers in Fort Worth sold
A. Lee Graham

Reporter

Colliers International North Texas has sold Western Place I and II, two Class B office towers in southwest Fort Worth.

Tower I boasts 11 stories, with the second tower at 10 stories.

Among tower tenants are Lockheed Martin Corp. and BAE Systems. Serving as brokers in the transaction were Creighton Stark, Mark McEwen and Ben Lurie of Colliers International’s Capital Markets Group.

With a combined 427,000 square feet, Western Place I and II are at 6000 and 6100 Western Place, fronting Interstate 30. Sovereign Capital was the seller, and Fort Worth-based TLC Urban was the buyer.

“This was a complicated transaction which required the assumption of a CMBS loan,” said Creighton Stark in a news release. “We were grateful to have worked with such a sophisticated buyer, TLC Urban, which was able to get the deal done.”

Stark described South Fort Worth as one of Dallas-Fort Worth’s best-performing submarkets, with Lurie pointing to its vacancy rate of 6.8 percent compared to 14.8 percent for the overall Metroplex area.

Colliers International’s Dallas Capital Markets Group has more than 55 years of collective capital markets experience. Globally, Colliers International has more than 13,500 professionals operating out of 482 offices in 62 countries.

More information is available at www.colliers.com.

lgraham@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?