HOUSTON-Intell Management and Investment Co. has closed on the $102-million purchase of Enron Center South in Houston's CBD. The closing marks the start of a new era for the 1.2-million-sf building.

THE WOODLANDS, TX-The Florida-based shopping center giant lands H-E-B as a first-time JV partner for one of its Woodlands centers. The 39-acre center breaks ground in May. Delivery is set for second quarter 2004.

THE WOODLANDS, TX-Ace Technologies will relocate its Woodlands team into office space that's been dark for nearly a year. The firm is poised for an immediate move into 8707 Technology Forest Dr.

HOUSTON-Atlanta's Mariner Healthcare, a nine-year employer in Houston, inks a 10-year lease for 70,731 sf in the first phase of a Panattoni office park. The city was vying against Baltimore, Pensacola, FL, Asheville, NC and Buffalo.

HOUSTON-International Holdings acquires the northeast Houston acreage for a build-to-suit for its Houston affiliate, United Crane. Ten acres of the 27-acre buy along McCarty Road will be dedicated to the project.

HOUSTON-Eye to Eye signs for a 2,000-sf spot in the 11,512-sf 19th Street center in the Heights neighborhood near Houston's CBD. The center is a 2001 recipient of a community development award.

HOUSTON-AMLI turns a $4.6-million profit in two years of ownership, selling the 318-unit AMLI at Western Ridge for $24.6 million to a New York City investor. To date this year, AMLI, with a dimming view of northwest Houston, has sold 1,072 units around town.

BRAZORIA COUNTY, TX-Two more closings take place for tracts in the 22,216-acre Chocolate Bay, a commercial farm for rice production. The investment groups intend to continue rice production, for now. To date, the brokers have sold 12,836 acres.