AUSTIN-The city's high-rolling economy is fueling good times for the hospitality industry. Occupancy, daily room rates and absorption are on the rise, but the key is a 19.4% jump in the revenue per available room, a leading indicator of a successful market.

HOUSTON-Single-family construction starts continue to keep pace with the hardy job growth rate. A new study shows a 27% increase for July in comparison to the previous July.

HOUSTON-Owners of a four-building, 1.7 million-sf office complex signs a new leasing agent. The property is owned by a partnership led by L&B Realty Advisers.

HOUSTON-A surge in downtown redevelopment projects is motivating residential brokerage firms to open offices in the city's Central Business District. The downtown market and its fringe neighborhoods encompass a combined 4,000 condominium and apartment units.

AUSTIN-Prodigy caps its relocation south from White Plains, NY, with a 110,000-sf lease at a cliff-top office complex. The relocation is expected to be completed by year's end.

AUSTIN-More than 50 employees of a CA-based PR firm will enjoy the benefits of added space in a relocation that will triple its workspace. The firm is moving to 3801 Capital of Texas Highway from 5000 Plaza on the Lake.

CORSICANA, TX-The nation's largest privately owned retailer is abandoning its tornado-ravaged headquarters and distribution site in Ft. Worth for a lower-profile lifestyle in Corsicana, heading south of the big cities. Montgomery Ward has started its move although a building expansion to double its 350,086 sf isn't set to begin for two to three months.

MCKINNEY, TX-Keystone Strategies is selling its largest fee simple holding in the metroplex - an 844,000-sf warehouse distribution center situated in a Dallas suburban community. Blockbuster will remain as the building's sole tenant.