THE WOODLANDS, TX-Effective Sept. 18, Michael Richmond steps down as president and CEO. He's been with the team for three decades in various roles. The plan is to retire, but still help out with some real estate projects.

HOUSTON-The law firm of O'Donnell, Ferebee & McGonigal weighed a move after spending more than 10 years in the same building. Connecticut General gets a short-term renewal from the 8,498-sf tenant.

PHOENIX-Terros Inc. has signed a 10,138-sf, long-term lease for 3003 N. Central Ave. Move-in is set for December. An Insignia/ESG team and Allen Tenant Services negotiate the terms to make the close.

PHOENIX-The 31,046-sf lease is valued at nearly $1.9 million over its term. Come September, the close-out retailer unlocks the doors at South Mountain Plaza, a 105,000-sf locally owned center in Phoenix.

PHOENIX-A Colorado developer hawks his "merchant build" product less than 18 months after delivery. The 21,064-sf, class A office building is in shell form, waiting for finish-out by its new Phoenix owner.

HOUSTON-One Stop Cellular goes for its fourth location while an arts and frame retailer takes its second inline spot at a Houston-area shopping center. The deals, though small in size, show retailers aren't standing still in the economy.

HOUSTON-The Denver-based retailer has signed on the dotted line for a 32,945-sf anchor spot at a center that lost its lead when H-E-B moved across the street and into a new 83,000 sf. An exterior renovation comes with the new deal.

HOUSTON-The longtime tenant stays in place in 11,750 sf at Southport Business Park, a multiple building project along the South Loop East. The renewal keeps 6039 South Loop East at 100% occupancy.