HOUSTON-A two-acre tract goes to a CVS Pharmacy developer while four acres trade to two local investors who are planning to build a service-related retail business on the site. The CVS tract sells for close to the $15 per sf asking price.

HOUSTON-A hospital location locks in a tenant for seven years at 12000 Richmond St. in the Westchase submarket. Bry Enterprises, which has several clinics around town, will unlock its doors later this month.

HOUSTON-The CBD backslid 345,000 sf while four suburban submarkets made a gain of 600,000 sf, Trione & Gordon's Q2 research shows. The good news for the CBD, now shouldering a 17% vacancy, is construction has come to an end.

HOUSTON-Southern Corrugated Box strikes a 10-year deal with its longtime building owner, ProLogis to take over the Wingfoot Distribution Center, where a recently terminated lease provides needed expansion room for the box manufacturer.

HOUSTON-Buchanan Street Partners of Newport Beach, CA, invests in its first Texas property, kicking in 80% of the equity while the JV partner assumes a first-mortgage Fannie Mae loan for the 103-unit Greenway Court near the Galleria.

HOUSTON-Until now, the focus has been class A and B properties priced at $10 million and up. Now, the 10-member team will be chasing class C assets with 200 or more units to tap a sector accounting for 41% of the city's 450,000-unit inventory.

HOUSTON-IBS Industrial of Las Cruces marks its inroad with a 9,973-sf lease for 3709 Lapas Dr. in the southeast submarket. The industrial products supplier signs a medium-term lease for about half of a two-building complex along Lapas Drive.

HOUSTON-The Houston Independent School District wasn't looking to lease, but jumped at the chance to get a building positioned right around the corner from its main distribution hub. The district takes the keys for the medium term.