CLEAR LAKE, TX-More than half of the developable 110 acres will be used for industrial projects, with a Houston couple buying out Cemax Foundation's land along West Bay Road and Spur 55.

GALVESTON, TX-The city and developer, Schlitterbahn Waterparks, go to the next level after four years of discussing the 25-acre project. If all goes well, the park will be open for business in summer 2004.

HOUSTON-A flooring company takes over a 14,100-sf building vacated by Weatherford USA while EMC International, a Mexican wire rope manufacturer, slides into Sugar Land for its first US location. Both sign medium-term leases.

HOUSTON-BJ's Brewhouse & Restaurant signs a 20-year lease for a 5,500-sf freestanding restaurant in a plan to add 1,000 sf. The lease is the chain's second in Houston, with three more in the pipeline.

HOUSTON-The fully occupied Pan American Plaza at 6502 Bellaire Blvd. passes from one private investor in Houston to another. The transaction includes a 99-Cent store and its inventory plus an elite address in the Bellaire neighborhood.

DEER PARK, TX-GSL Industrial gets two long-term tenants for entire buildings with the deal-making. With tenants in hand, GSL the developer buys a 28,050-sf building from Houston Marine Containers and adds 16,000 sf to another structure.

THE WOODLANDS, TX-The 100%-leased, 233,473-sf package has three of four buildings leased to single tenants, with the first contract not due to roll for three years. Sources believe the office portfolio will reap $22 million to $25 million.

HOUSTON-Freight forwarding company, Leschaco, takes 5,545 sf at 15355 W. Vantage Parkway in the North Belt submarket while Pauze Asset Management signs for 2,620 sf at 14550 Torrey Chase Blvd., a neighbor to its old address.