HOUSTON-GSL Investments acquires a fully leased property on 2.2 acres in an ongoing portfolio building to take advantage of today's market conditions. Strohmer Symphony is the seller of 9111 Glesby St.

HOUSTON-The Montrose Clinic takes 8,915 sf in midtown for a second location while Redwood Chemicals makes plans to slide into a 1,129-sf office in a sublease at San Felipe Plaza in the Galleria submarket.

HOUSTON-Construction begins by month's end on razing the closed Steak & Ale and building a shopping center on the one acre-plus tract at Baybrook Mall. Leases are in the works that would fill Baybrook Collection before opening day.

SUGAR LAND, TX-Bought in January, the 134,000-sf, 93%-occupied center stands as collateral for an interest-only loan with an intermediary term. Florida's Regency Centers gets the capital from Allstate Life Insurance Co.

HOUSTON-The 13-month-old property management team gets its first class A, third-party contract. Caldwell Watson's team beat out four others jockeying for the Koch Industries' headquarters at 20 Greenway Plaza.

HOUSTON-Suncoast Post-Tension, a division of a London company, signs for 7,501 sf at Bridgewood I, a 135,777-sf suburban office building in the North Belt/Greenspoint submarket. It's the firm's second Houston office.

HOUSTON-Venterra Properties of Vancouver, BC acquires the Steeples Apartments in the southwest submarket. It's the group's second Houston buy and fifth in Texas. The financing comes in a 10-year loan from a Lend Lease pool.

HOUSTON-Avnet Inc.'s broker finds a local investor to buy the former Kent Electronics building in southwest Houston. The 6.7-acre asset was on the market for six months at an asking price of $4.5 million.