HOUSTON-WhiteCo will bring out 230 luxury apartments instead of 170 luxury condos on its 0.85-acre parcel just a block from the Galleria. The reworked project gets funding from GMAC and TIAA-CREFF.

CLEAR LAKE, TX-A NASA contract teaming the two has sparked a 33,509-sf lease by Lockheed and a 6,618-sf expansion by Wyle, which leases the twin in the Clear Lake project along Hercules Drive. Lockheed commits for 10 years.

HOUSTON-John R. Scoblick, a former Enron executive, will focus on corporate clients, specifically those in the energy industry as he returns to commercial real estate after a nine-month stint as DuPont's senior manager of business development.

HOUSTON-Sterling American and BH Management buy their fourth and largest Houston multifamily asset, the Park on Voss at the edge of the Galleria. The duo will put up $4.9 million for upgrades and then raise the average monthly rent by nearly $100.

HOUSTON-Picerne Real Estate Group immediately starts work on an 11-acre buy that came with a HUD affordable housing designation. Carved from 30 acres, the bulk went to an industrial developer who's now eyeing a distribution center project.

HOUSTON-A Houston investment group acquires the Ponderosa Apartments and Heights Terrace from a Newton, MA owner as both sides work 1031 Exchanges. About $15,000 per unit will go into upgrades so the rent can jump.

HOUSTON-One is the fully leased, 110,900-sf Tamiami Trail Shops in Miami and the other is the 98.6%-occupied, 168,400-sf Lincoln Place II in Fairview Heights, IL, where the Houston REIT owns the sister property.

HOUSTON-Lender Noble Mortgage & Investments of Houston puts up the capital with a 16% interest rate for a three-year loan to finance renovations at two properties, including the Moritz North, where the owner is working to overcome a condemnation order.