ALVIN, TX-The developer of the two-year-old center turns over the deed to a Houston buyer with 1031 Exchange capital to spend and the ability to assume a $1.2-million loan held by a San Antonio-headquartered lender.

HOUSTON-One local investment group passes the deed to another after an eight-year hold of Hedwig Square on the city's West Side. The 97%-occupied asset was on the market five months for $7.3 million.

COLLEGE STATION, TX-National Self Storage Management pays close to $1.1 million for a second property in the College Station-Bryan area. At sale time, the Budget Mini Storage at 104 Holleman Dr. was about 80% leased.

HOUSTON-A gift store, optical office and residential real estate firm ink five-year leases for a combined 5,930 sf at Kroger-anchored shopping centers. All are planning to open doors in April.

HOUSTON-A gift store, optical office and residential real estate firm ink five-year leases for a combined 5,930 sf at Kroger-anchored shopping centers. All are planning to open doors in April.

HOUSTON-The local buyer will spend up to $700,000 on renovations of the 179-unit Glenview Apartments, a class C complex with a 74% occupancy. The post-renovation plan calls for hiking rents about 15%.

HOUSTON-Construction will begin in the fall on a 300,000-sf administration building as the Houston Independent School District irons out final details of the existing campus' sale to JV partners Trammell Crow Co. and the Morgan Group.

HOUSTON-Bed, Bath & Beyond signs a long-term lease for 25,000 sf, joining Best Buy in the first phase of inline space for a 425,000-sf regional center. The first inline space and out-parcel development will deliver in November.