HOUSTON-Retail isn't all gloom and doom, says Bill Forrest, president of Revac, a Houston market analyst. The overall retail vacancy is 6.19% with 12 of 17 submarkets posting in the black, he says countering a more dismal report.

THE WOODLANDS, TX-Two office buildings, totaling 149,947 sf, hook a Santa Fe-based investment group buyer. It's a first for the Woodlands submarket and a definite sign of submarket maturity, says a Holliday Fenoglio Fowler broker involved in the sale.

HOUSTON-It's been six years in the making, but the time has come for Hines and joint capital partner, Warsaw-Centrum Borough, to break ground on a 390,000-sf, class A office complex in Warsaw.

HOUSTON-Susser Petroleum hawks a vacant warehouse that came along with the last year's takeover of Rueshe Distribution. The selling price is hushed, but the 19,419-sf industrial site carried a $1 million asking price.

HOUSTON-Toronto-based Four Seasons Hotels & Resorts will operate and invest in two South American hotels, being re-branded under a deal structured by Intergroup Capital and Intergroup Realty. Extensive renovations will wrap up in time for a Dec. 1 change.

HOUSTON-Middle East Travel holds firm to a 4,122-sf office at Richmond Plaza I in Houston's Westchase submarket. The renewal keeps the 176,000-sf, class B property at 90% occupancy for building owner, BMS Management of New York City.

HOUSTON-Middle East Travel holds firm to a 4,122-sf office at Richmond Plaza I in Houston's Westchase submarket. The renewal keeps the 176,000-sf, class B property at 90% occupancy for building owner, BMS Management of New York City.

THE WOODLANDS, TX-Woodlands Office Equities gets nearly $8.8 million for a 70,211-sf, fully leased office building along Research Forest Drive. A 59,956-sf building is under contract and the developer is looking for buyers for the balance.