Dallas Business Journal articles from October 1996

Dallas Business Journal archives from October 1996

Samsung looks at Richardson: unit of electronics giant readies lease at Two Richardson Center.
October 4, 1996... RICHARDSON - A deal to move Samsung Telecommunications America's headquarters and 150 jobs here from South Korea and around the United States is about to close. Henry Kim, a Samsung Telecommunications vice president, confirmed that a lease is...

McKinney attracts video king. (Blockbuster Entertainment Corp. plans to relocate to McKinney, Texas)
October 4, 1996... Blockbuster looking at Collin County city for huge distribution center MCKINNEY - Plans for Blockbuster Entertainment Corp.'s relocation to the Dallas area might be fuzzy, but the retailer's expansion plans for McKinney are becoming more...

Huge new office lease for Dallas in the works. (PageMart Inc.)
October 4, 1996... PageMart near to signing for Centex's office space TURTLE CREEK - PageMart Inc. is days away from signing a 140,000-square-foot lease at 3333 Lee Parkway, according to sources close to the deal. If signed, the lease would become one of the...

Profits going up in smoke. (cigar industry)(Industry Overview)
October 4, 1996... Metroplex retailers rush to fan cigar trend's growing flames N. CENTRAL CORRIDOR - The connoisseur holds his treasure to the light to take in its color, then breathes its aroma. Great taste, the connoisseur preaches, is a combination of flavor,...

AMR chief promises fight to the death on Love issue. (AMR Corp. chairman Robert Crandall; Love Field)
October 4, 1996... Crandall: upstart airline's plan would 'destroy the Metroplex' LOVE FIELD - Investors who want to start long-haul passenger service here say if necessary they will duke it out in court against American Airlines Inc., a bitter opponent of...

Oshman's aims to score points with women. (Oshman's Sporting Goods Inc.)
October 4, 1996... HOUSTON - When they shop for baseball and batting gloves, they often cannot find their size. Sports gear sometimes must be tweaked and adjusted to fit. After seeing this void waiting to be filled, Marilyn Oshman, chairman of Houston-based...

Cowboys still marketable despite recent problems. (Dallas Cowboys)
October 4, 1996... But marketing experts say team must win, stay clean to hold on to endorsements IRVING - Which has plagued the Dallas Cowboys the most this season, their 2-3 record, or a new image that has turned out to be a special brand of fan repellent?...

Bankers being forced to bear portion of S&L bailout burden. (savings and loan)
October 4, 1996... DALLAS - Metroplex banks next year will be paying a collective minimum of $7.8 million for the savings and loan bailout. And that payment to remedy last decade's banking debacle will increase markedly every year until 2017. The annual bill will...

Multimillion-dollar fund for eateries, retail now an SBIC. (Restaurant and Retail Growth Capital L.P.; small business investment corporation)
October 4, 1996... To many investors, taking a stake in the restaurant or retail business can be dicey. But with $40 million to $60 million in capital, Dallas-based Restaurant and Retail Growth Capital L.P. savors such opportunities. The venture group received...

Mexican manufacturers, DMC band together for trade event. (Dallas Market Center)
October 4, 1996... Sixteen women's-apparel manufacturers from Mexico known as Grupo Moda will show off their original designs at the Dallas Market Center in October. Michael Mendoza, Dallas Market Center's international development director, said the project is...

Facelifts hike E. Dallas homes' values. (East Dallas)(Residential Real Estate)
October 4, 1996... LOWER GREENVILLE - Dallas' economic recovery has lifted home sales and values in recent years, much to the relief of builders, brokers, owners and sellers. But there are others benefiting from the turnaround, and they're not carving lots in...

Residential boom on horizon in northern Alliance Corridor.(Residential Real Estate)
October 4, 1996... FORT WORTH - Robert Barum has been dealing in land all over the Metroplex for years, making investments on property ranging from manufactured housing in Johnson County to standard lots for homebuilders in Tarrant County. But the residential...

Portland suburbs considering making front porches a must.(Residential Real Estate)
October 4, 1996... PORTLAND, Ore. - Even during the fierce rains of early September, you could find Brace Bogar out on his front porch. The bus driver bought a home in Clackamas County's Sunnyside Village this summer, largely because his wife liked the big...

Realtors see Internet as vital despite mixed industry results.(Residential Real Estate)
October 4, 1996... NORTH DALLAS - If all goes according to plan, when someone enters as search parameters "North Dallas" and "real estate" on an Internet search engine, Dallas-based real estate agent Eleanor Mowery-Sheets' home page should be among the sites the...

Societal evolution will reshape real estate marketplace.(Residential Real Estate)(Column)
October 4, 1996... Significant political, social and technological shifts are creating new opportunities for the real estate industry. Ernst & Young Kenneth Leventhal Real Estate Group brought together its best thinkers for "Operation Mindmap," which identified...

Southwest aims for land. (Southwest Airlines Co.)
October 18, 1996... Proposed HQ expansion would be the latest in Love Field-area lovefest LOVE FIELD - Southwest Airlines Co. is negotiating to buy a vacant Wonder Bread bakery as part of plans to expand its headquarters by more than 300,000 square feet, company...

Let's make a deal, DART-style. (Dallas Area Rapid Transit)
October 18, 1996... Last-hour agreement would have Cityplace pay $3.5M toward station UPTOWN - After 11 years of Wrangling, Cityplace Co. and the city of Dallas are close to a deal that would pay Dallas Area Rapid Transit $3.5 million toward construction of a...

Belo brass dumps stock before drop. (A.H. Belo Corp.)
October 18, 1996... Sale preceded buyout of Providence Journal DOWNTOWN - Three key A.H. Belo Corp. executives sold almost $1.6 million in company stock in the weeks following Belo's unsolicited bid for Providence Journal Co., more than a month before Belo made...

Faison-Stone eyes $91M deal. (Faison-Stone Inc.)
October 25, 1996... Firm considers buying note on 1700 Pacific Ave.; would be its first deal Downtown DOWNTOWN - Faison-Stone Inc., the real estate management powerhouse in Las Colinas, is negotiating to buy the debt on the 1700 Pacific Ave. building. The move...

Gaining some northern exposure. (Texas Trading Inc. owned by Suzanne Southard)
October 25, 1996... Texas Trading supplies Sweden with Americana NORTH DALLAS - Suzanne Southard is building a niche in international trade after noticing the shopping habits of Swedish travelers to the United States. "I know that every Swede that comes over -...

NationsBank jiggers expansion plans, access to branches. (Nationsbank Corp.)
October 25, 1996... Bank builds computer network to offer teller service to all DOWNTOWN - NationsBank customers living here or anywhere else in Texas next summer should be able to access their accounts and make transactions at NationsBank locations in other...

Will Rexene be put in play? (Rexene Corp.)
October 25, 1996... Investment firm to attempt removal of poison-pill clause NORTH DALLAS - If life as a public company is anything like golf, petrochemical maker Rexene Corp. is the ball and it may soon be teed up. New York investment firm Weyser-Pratt & Co.,...

Bite for byte, Citadel's shareholders stand to gain. (Citadel Computer Systems Inc.)
October 25, 1996... TURTLE CREEK - Trading submarine sandwiches for software may sound like a radical business change, but it seems to suit executives of what once was Lone-Star Hospitality Corp. LoneStar of Dallas merged with Citadel Computer Systems Inc. of...

USFI put a new spin on old relationships.(Growth Strategies)
October 25, 1996... NORTH DALLAS - With 12 years' experience printing business forms, USFI employees are used to sweating the details for their clients. But as the company has repositioned itself as both a document management and marketing communications firm,...