Regions Southwest
University Medical Center Buys Land for 500,000-SF Biotech Park in Dallas
Oct 6, 2008

The University of Texas Southwestern Medical Center acquired a 13-acre site from the City of Dallas for the development of BioCenter at Southwestern Medical District, a 500,000-square-foot biotech park. Sited within close proximity to the medical center campus, BioCenter's offerings will be divided into 60 percent laboratory space and 40 percent office space. The project will be erected in phases and the first four structures are on schedule to deliver in summer 2009. The architectural firm of PageSoutherlandPage is behind the design of BioCenter, while Gilbane Building Co. is serving as the general contractor.

 
Recent Southwest Headlines
General Growth Wangles Extensions on $900M in Mortgages
Dec. 01, 2008
General Growth Properties Inc. has reached an agreement with a six-lender consortium to extend the maturity date for $900 million in mortgage loans on the company’s Fashion Show and Palazzo malls on the Las Vegas strip.
Halvorson Joins Hanley Investment as SVP, Arizona Retail
Dec. 01, 2008
Hanley Investment Group Real Estate Advisors said today that industry veteran John Halvorson has joined the company as a senior vice president to focus on the Arizona retail market.
Commerce Center Intercontinental Acquires Tucson Industrial Portfolio
Nov. 25, 2008
Intercontinental Real Estate Corp. has purchased a technology & industrial portfolio in Tucson, Ariz., the company announced. The acquisition was made on behalf of Intercontinental’s U.S. Real Estate Investment Fund L.L.C.
Opus Phoenix-Area Retail Center Moves Forward
Nov. 21, 2008
Opus West Corp. has begun construction on, and nailed down leases for most of the space at, the 170,000-square-foot Mill Crossing retail center in Chandler, Ariz., in southeast metro Phoenix.
$700M Houston-Area Mixed-Use Project Expands
Nov. 20, 2008
A huge mixed-use development in a Houston suburb has recently both broken ground and potentially added another major component. The 150-acre WaterLights project, being developed by Historic Real Estate Inc., is under way in the growing Houston suburb of Pearland.