HOUSTON-Investor B.J. Bird of California partners with Asset Plus of Houston to build its first complex in Houston, selecting a tract in the 120-acre Gulf Pointe Park along Interstate 45 South. Delivery will be in the summer.

HOUSTON-A partnership buyout drives the sale of the five-building office complex in South Houston. Cypressbrook Co. and Bridgewood Property principals now hold the deed for the 76%-leased complex, using a $14.1-million bridge loan to make the close.

HOUSTON-Increased consumer spending and higher than average household incomes make the market ripe for development, most of which will be coming from the super-size concepts. Meanwhile, investors continue shopping for existing grocery-anchored product.

HOUSTON-Network Funding has reserved the office space in Northchase Center in a deal put together by NAI Partners and PM Realty Group. The new deal puts occupancy at 87% for the 130,400-sf building in the northwest submarket.

HOUSTON-The bank leases the spot for its 11th location, selecting a 116,251-sf, Kroger-anchored center in the northwest submarket. NewQuest Properties of Houston is the owner of Antoine Town Center, which opened in three months ago along Texas 249.

HOUSTON-Manhattan Resources slides into the 25-month balance of Ultimate Staffing Services in One Houston Center. The inbound tenant has relocated from the FM 1960 submarket while the outbound tenant shifted its CBD team to the Gallera/West Loop.

HOUSTON-The Lionstone Group, founded 18 months ago, gets a $75-million initial equity commitment with a buying power of up to $220 million for office buildings in 65 markets. Oregon Public Employees Retirement Fund is the equity player.

HOUSTON-Manhattan Resources slides into the 25-month balance of Ultimate Staffing Services in One Houston Center. The inbound tenant has relocated from the FM 1960 submarket while the outbound tenant shifted its CBD team to the Gallera/West Loop.