DALLAS-"Chicken Little" it's not, but a watchful eye needs to be kept on construction sectors as the Fed deliberately reins in the economy to avert inflation. But, it's definitely not the 1980s, says Cushman & Wakefield Inc.'s investment research managing director.

HOUSTON-Elan Development grabs 34.4 acres in Clayton Oaks in a move to add 175 single-family homes to a failed business park that's blossoming as a residential development. The acreage is one of just a few parcels still available.

AUSTIN-Net Quotient Consulting Group of Austin is snatching up 13,249 sf of prime office space that had been on the market less than three weeks at the Prominent Point Building, 8310 Capital of Texas Highway.

AUSTIN-Greenleaf Technologies Corp., an Austin-based software and security solution provider, is launching a new division to be headed by a recognized DVD expert, David Newcomb.

DALLAS-Wyndham International Inc., based in Dallas, is teaming with Troon Golf to oversee operations at resorts in Tucson, AZ, Carmel, CA and Las Croabas, Puerto Rico. The Scottsdale, AZ-based company manages more than 70 courses around the world.

HOUSTON-Administaff signs for 51,000 sf to relocate its service center. The new space will make room for an on-site day-care center for employees' children.

HOUSTON-Simmons Vedder & Co. jumps into Houston's development frenzy to meet growing multifamily housing demands. The firm has signed papers to buy the old Gulf Publishing Co. from WorldOil.com.

AUSTIN-XeTel Corp. is expanding high-tech equipment capabilities in Austin and Dallas, where plans are afoot to move to a larger manufacturing site. The expansions are needed to meet demands from the state's booming high-tech industry.