HOUSTON-The magnetic-strip manufacturing division of a transportation-management company has inked a deal for 8,500 sf in a new industrial/shell building. This is the property's first tenant.

TEMPE, AZ-An area developer has sold his 100%-leased office property to a Phoenix-based investor as part of a 1031 exchange. Tenants in the building include Keller Williams, Wells Fargo and Security Title Agency.

WASHINGTON, MI-A Romeo-headquartered tubing supplier to the automotive industry has signed a three-year, 10,678-sf deal for expanding its warehousing capabilities.

HOUSTON-Third-quarter figures for industrial real estate show improving market trends, a strong absorption rate and the lowest vacancy numbers in several years.

PHOENIX-While construction commences on the first phase of the $22-million, 54-unit Portland Place, overwhelming response to the project has the owner/developer looking toward the next phase.

PONTIAC, MI-Expansion efforts have yielded an automotive logistic company 17,000-sf of space in a short-term deal--one year--that offers an option to renew upon expiration.

HOUSTON-Long-term tenants Cash America Pawn and Pizza Hut have agreed to stick around Crossroads Shopping Center, as Cash America signs on for another five years and Pizza Hut inks a deal for 10 years.

HOUSTON-Long-term tenants Cash America Pawn and Pizza Hut have agreed to stick around Crossroads Shopping Center, as Cash America signs on for another five years and Pizza Hut inks a deal for 10 years.