HOUSTON-Somera Investment Partners and CoastWood Capital Group get their first Texas deed with the 1.1-million-sf West Oaks Mall, where four of five anchors own their sites. The new owners and new leasing team now start to formulate a perk-up plan.

HOUSTON-Toyota's new love for Texas temporarily shifts from San Antonio to Houston, where the vehicle manufacturer secures naming rights to the CBD's newest economic stimulus, an 18,500-seat multi-purpose arena due to open in early September.

HOUSTON-Pacific Properties reassigns 1900 Yorktown just two months after five Insignia brokers, including the office head, exits I/ESG for McCord Development. The firm's EVP says he hopes their relationships will spawn more contracts.

HOUSTON-The mortgage banking division of CBRE gets a presence in Washington, DC with the acquisition of Insignia/ESG, shifts some territories on the East Coast and folds in seven members of the capital markets group in four US markets.

FORT BEND COUNTY, TX-The building will be retooled into a flea market, marking the first turnaround play for one of three closed Kmarts in Fort Bend County. Another has leases pending while the third is up for grabs.

HOUSTON-Management Alliance rolls in another 3,467 sf and renews 8,360 sf at 2600 S. Gessner in the Westchase submarket. The seven-year tenant signs a medium-term lease for the 115,000-sf building.

HOUSTON-The $324-million system, which has its first runs in early 2004, isn't likely to significantly impact rents or land values, say two of the market's street-savvy executives, who believe the windfall won't come until the line shoots to the suburbs.

WEBSTER, TX-A physicians' group pays close to the $1.2-million asking price for the 4.6-acre southwest corner of Medical Center Boulevard and Kobayashi Drive in Webster, where the plan is to build a professional office building and surgical center.