HOUSTON-A law firm, news organization and development company take a combined 8,318 sf from IBM, which still has 50,000 sf of office space on Houston's sublease market. The trio will move into 2 Riverway in the Galleria.

HOUSTON-The fully leased H-E-B-Gessner Plaza in Houston is taken over as a long-term hold as its new owner plots a 7,800-sf addition. Seller Ainbinder/Shannon was seeking $5.2 million for the grocery-anchored plaza.

HOUSTON-The locally based corporation eliminates energy trading and marketing as its president and COO says adios. More cuts are just around the corner. As it stands, 75,000 sf of Dynegy's 700,000 sf already are on the sublease market.

HOUSTON-After more than a decade at 4600 Post Oak Place, Vaalco Energy has decided once again to renew its lease for 8,700-sf at the two-story, atrium style building.

HOUSTON-But the big unanswered question is: Why did owner CB Richard Ellis Investors Inc. give the lucrative assignment to a rival? In the meantime, new broker and tenant incentives are in the air.

HOUSTON-Regency Centers buys 23 acres, valued at $11 million, from seven owners in far northwest Houston. Kleinwood Center's H-E-B Pantry and Walgreens stores will be razed and replaced with larger format stores and 50,000 sf of inline retail.

HOUSTON-The property along Lapas Drive sells after being on the market for six months at an asking price of $250,000. The seller is from Pittsburgh and the buyer is from Houston. The plan is to upgrade and lease the vacant buildings.

HOUSTON-Salient Partners will relocate into 4,906 sf at the Chase Bank building in the Galleria submarket while Glory Mortgage is sliding into 1,667 sf at 25227 Grogan's Mill Rd. in the Woodlands.