HOUSTON-Century Development stamps a purchase option for three contiguous CBD

HOUSTON-A leading preservationist says Houston hasn't taken proper care of its historic stock. It's not because there isn't product or opportunity, he tells developers linked to the pipeline that can make a difference.

HOUSTON-A leading preservationist says Houston hasn't taken proper care of its historic stock. It's not because there isn't product or opportunity, he tells developers linked to the pipeline that can make a difference.

ROSENBERG, TX-A 19-year-old manufacturing facility, totaling 400,000 sf, is getting a makeover in a $16-million upgrade. Frito-Lay's decision to add jobs, equipment and production areas reinforces its commitment to a small South Texas town.

HOUSTON-SpectraCell Laboratories stays on board the tenant roster at Westport Business Park in Houston's near northwest corridor. The building owner controls about 200,000 sf in the 500,000-sf industrial park near Interstate 10.

HOUSTON-Crescent's 5 Houston Center, scheduled for an early 2002 topping out, reaches 71.6% pre-leasing as a deal closes for 16,347 sf. The Bank of Texas will set up a 3,949-sf branch on the ground floor and occupy 12,398 sf of 16th floor office space.

HOUSTON-Houston is faring better than Dallas when it comes to sublease space, but still the number is rising. More space could come to market as Continental Airlines shifts into a lay-off mode, says Grubb & Ellis in its third-quarter report.

THE WOODLANDS, TX-Chicago Bridge & Iron is prepping for the relocation of administrative offices from Illinois to the Woodlands. A new signing takes the firm to 67,500 sf in three of the community's office buildings.