AUSTIN-The Emerson Group has put a second building onto the drawing boards for its Preserve at Bee Cave. Meanwhile, a would-be tenant has stirred talk about a third building. Signed deals will determine the next building to come out of the ground.

SAN ANTONIO-Southwestern Bell has withdrawn a letter of intent for a 200,000-sf office spot in northwest San Antonio. Rumor has it that Southwestern Bell is talking with the city about cutting a deal for another location.

ARLINGTON, TX-The Southwest BOMA Region has its TOBY picks ready to head to the national competitions in Baltimore. The 15-year-old Brookhollow II's property manager is optimistic it will win its category.

RICHARDSON, TX-A group of Los Angeles-based investors has won the prize from a field of a dozen competitors vying for a class-A, 225,448-sf building in the Telecom Corridor. SBC's 10-year lease most likely had fueled the bidding spree.

ARLINGTON, TX-The Southwest BOMA Region has its TOBY picks ready to head to the national competitions in Baltimore. The 15-year-old Brookhollow II's property manager is optimistic it will win its category.

DALLAS-Borrowers in Texas and Arizona snag more than $16 million in financing for hotels in Irving, Brownsville and Prescott. The two Texas holdings are Residence Inn by Marriott and the Arizona property is a Holiday Inn Express in Prescott.

DALLAS-McCarthy Building Cos. says it's time to grow, naming a new Texas Division president while the current chief heads to Southern California to build up that market. Michael J. McWay takes the Texas helm.

AUSTIN-The high-tech roller coaster ride has had an impact on Stratus Properties' first quarter. Sales and consequently revenues and are down, but all is not forsaken. In all, the three-month period had been stable though not as hardy as last year's first quarter.