HOUSTON-Coventry Fund X wraps up its value-add plan for Two Riverway in the Galleria submarket in three years. Sources say the class A building fetched at least $53.5 million.

LAGO VISTA, TX-In a tight economy, property auctions provide a ready market and more publicity than going through traditional sales methods.

LAGO VISTA, TX-In a tight economy, property auctions provide a ready market and more publicity than going through traditional sales methods.

JACKSON, MS-The REIT unveils construction plans for San Antonio and Houston during its earnings call. Work will begin in the fourth quarter and early 2009.

PHOENIX-Space give-backs and move-outs cause a 573,630-sf backslide in absorption, driving vacancy to 12.4%. A fall chill's in the air due to the construction pipeline.

PHOENIX-Space give-backs and move-outs cause a 573,630-sf backslide in absorption, driving vacancy to 12.4%. A fall chill's in the air due to the construction pipeline.

HOUSTON-The line-up will include a 37,940-sf Studio Movie Grill, 9,000-sf Brio Tuscan Grille and 8,531-sf Yard House. The triple run bumps retail preleasing over the 50% hump.

BATON ROUGE, LA-After 10 months in escrow, Northview gains control of Pinnacle Homes at Coursey Place. The drawn-out deal involved a $25.5-million HUD loan assumption.