HOUSTON-The Fiesta at 6, set to deliver in August, has hit the 50% pre-leased mark. Four leases are out for signature and the one that's back is an 8,000-sf Family Dollar, which committed to a 10-year contract.

THE WOODLANDS, TX-Doors will swing open in 30 days on the fifth Eckerd drug store in the Woodlands. The Shelby Estus Realty Group bought the site five months ago and locked in the pharmaceutical giant to a 20-year lease.

SUGAR LAND, TX-A 4,200-sf bank will rise on a two-acre site at the crossroads of Texas 6 and University Boulevard in First Crossing, a 65-acre retail development in Sugar Land. Delivery is eyed for Q1 2004.

HOUSTON-The developer, WPW Management, secures the capital for Westbridge Plaza from GE Capital Real Estate. The 10-year term, with 5.98% interest, represents a 75% loan to value for about 29,000 sf of retail space.

HOUSTON-Roche Bobois will move the warehouse operations in 30 days, taking enough space for its first clearance center. The tony name from the Galleria line-up cuts a long-term lease for the Westpark Drive industrial building.

LAKE JACKSON, TX-A private investor from Lukfin sells the 93%-occupied Raintree Apartments in Lake Jackson to a buyer from Englewood Cliff, NJ, in a "quietly marketed" trade that kept the deal close to the broker's black book.

HOUSTON-The 346,414-sf office building becomes Houston's ninth to win the top-ranked TOBY from BOMA International. The 96%-occupied building in the Katy Freeway submarket is owned and managed by Houston-based MetroNational.

HOUSTON-Crescent says it's time to change the downtown's only mall, the name as well as the look to the multi-level retail component in 4 Houston Center. The first phase to the three-year undertaking will cost more than $10 million.