CORPUS CHRISTI, TX-The steady job base provided by the military and oil and gas industries hasn't been enough to solve this south Texas city's multifamily market woes as this product type continues its downward cycle.

HUMBLE, TX-Kagan-Edelman Capital Fund sells another center in its series of dispositions. The Houston office of Grubb & Ellis again represents Kagan-Edelman in the sale to Asset Preservations Inc./Western Prop. Co.

HOUSTON-Mike Maroney, a retail market specialist, has joined the retail division of Henry S. Miller, the second addition to that division in the last six months. Maroney will work under Henry S. Miller's Shawn Ackerman.

HOUSTON-Purchased as an investment, a site just over two acres is sold in the heart of an area seeing both retail and office construction in the Northwest submarket, giving new owner American Heritage Housing some flexibility.

HOUSTON-Houston's strong job growth, despite a national economic downturn and deceleration of multifamily development, has created a market that is faring better than last year in vacancy rates and rent growth.

CORPUS CHRISTI, TX-The steady job base provided by the military and oil and gas industries hasn't been enough to solve this south Texas city's multifamily market woes as this product type continues its downward cycle.

HOUSTON-Aeroterm has purchased a 1.3-million-sf national air cargo portfolio with more than 58% of the space in two Houston properties. CB Richard Ellis brokers handle disposition of these properties in five cities.

HOUSTON-The land team at Caldwell Watson has closed on another 30 acres of property in a year that has seen them do more than 50 land transactions. Land sells for a hotel/resort and condominiums in the growing northwest section.