HOUSTON-Some call it a loss, others say it's just a possibility that never materialized. The impact on the city's commercial real estate sector is negligible, says an industry leader. The question now is what happens to the Astrodome.

HOUSTON-Four transactions are sealed, with the largest being a 12-acre tract in the Westchase submarket. The corporate buyer gets a deed to the northwest corner of Eldridge Parkway and Rincon Road.

HOUSTON-On the city's north side, Air Products & Chemicals renews 11,842 sf while a southwest submarket tenant shifts its 15,733-sf office location at 6161 Savoy. The renewal keeps a "no room at the inn" sign hanging on 12600 Northborough Dr.

HOUSTON-Looking to add two operations to its Houston lineup, New York Life retools a lease and adds 12,428 sf at 13 Post Oak Blvd. in the Galleria. The tenant, now in 27,300 sf, will take over the extra space in late September.

HOUSTON-The Houston-based REIT adds eight banks to its lineup, changes covenants and improves short-term borrowings to boost the line another $80 million. The changes open investment ops "well into the future," says the CFO.

HOUSTON-Lend Lease has found a taker for its 363 North Belt Parkway, which went on the market in February for $36 million. Granite takes out a five-year loan to push the acquisition of the 386,277-sf office property.

HOUSTON-Allstate Insurance adds 22,950 sf to its lease at 1500 City West, a 10-story, 191,267-sf office building in the Westchase submarket. Allstate is one of the lead tenants in the 78%-occupied building.

HOUSTON-Another buyer-user transaction closes in Houston, where the hot property this time is along Rhodes Road. The floriculture firm's asset is an 18-year-old industrial building situated on three acres.