AUSTIN-The high-tech firm goes from subleasing 8,955 sf to a direct lease for its headquarters. The tenant's broker, though, is out in the market scouting for longer-term opportunities.

AUSTIN-Fortress Investment's $152.5-million acquisition will stay in Austin. But, the name has changed from Dana Credit to Torreon Capital. The nine-member staff remains in place as Torreon goes about business as usual.

HOUSTON-Maxwell Drever, using an opportunity fund, buys Westchase Forest, a three-year-old complex in the Westchase submarket. It's his third Houston buy in 10 months. A $1.2-million renovation, inside and out, is planned.

HOUSTON-Sperry Van Ness' national study ranks Houston in third place as a buyers' market, with an average selling rate of $24.90 per sf and 9.85% cap. The best advice is to check out the city's industrial product.

HOUSTON-Home Loan re-ups 9,000 sf and adds 3,431 sf at 2350 North Belt East in the Greenspoint submarket. The double deal, including a sublease, keeps the 155,500-sf office building at 98% occupancy.

AUSTIN-Dana Credit Corp., in an ongoing disposition, gets the check for all subsidiaries and assets of its Austin-based real estate group, a high-rolling equity investment group.

AUSTIN-The trend is to mix discounted rates of a long-term lease with sublease space to finesse a better overall package, says Buls Hodge Consulting. It effectively means that high sublease numbers are here to stay.

CLEAR LAKE, TX-A newly signed lease requires the owner to make significant upgrades to the single-tenant office building in Clear Lake. That and the market married the owner to a 10-year loan.