Regions Southwest
Trademark Buys Padre Staples Mall in Texas, Plans $50 Renovation
July 16, 2008

Trademark Property purchased Padre Staples Mall in Corpus Christi, Tex, the company said today. The firm plans to immediately begin an estimated $50 million renovation of the 1,017,704-square-foot property, which will now be known as La Palmera. The renovation is scheduled to be completed in fall 2009. The joint venture partner on the La Palmera project is Institutional Mall Investors L.L.C.

 
Recent Southwest Headlines
Jerry Fults Fults to Start New Firm in Dallas
Sept. 05, 2008
Despite a flat Dallas real estate market, Tracy Fults took a leap of faith in the creation of his new real estate firm of Fults Commercial, following in the footsteps of his late father and one-time mentor Jerry Fults
Houston Hotel Emerges from $22M Makeover
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Sunstone Hotel Investors has wrapped up its reinvention of the former Wyndham Greenspoint Hotel, re-opening the 480-room property as the Hilton Houston North.
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With the assistance of Holliday Fenoglio Fowler L.P., Juniper Investment Group has gotten its hands on $17.5 million in financing for its Garden Gate Fort Worth and Garden Gate Plano affordable housing communities located in Fort Worth and Plano, respectively.
184-Acre Bioscience Park Breaks Ground on Former Army Site
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Construction began Wednesday as part of the transformation of the former Fitzsimons Army Medical Center in Aurora, Colo., for the 184-acre business park called Colorado Science + Technology Park at Fitzsimons.
Las Vegas Sands, Starwood Hotels Sign Contract to Open First St. Regis Residences in Las Vegas
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