AUSTIN-It won't be a replay of the late 1980s, but Austin's office occupancy is caught in an undertow of a falling economy. Charles Heimsath of Capitol Market Research pegs the overall rate at 84.9%, down from 95% in December.

AUSTIN-USOL Holdings has snared two more Austin complexes, totaling 922 units, for its high-tech services. An expanded deal with Los Angeles-based Belco Equities links the under-construction Riverhorse Ranch and Chevy Chase in the city's northern tier.

AUSTIN-It won't be a replay of the late 1980s, but Austin's office occupancy is caught in an undertow of a falling economy. Charles Heimsath of Capitol Market Research pegs the overall rate at 84.9%, down from 95% in December.

AUSTIN-Hoover's is finally settling into a 59,500-sf spot in the 80,000-sf former Butter Krust bakery in the city's northeast quadrant. Eventually, Hoover's will occupy the entire structure, 80,000 sf that has undergone an interior makeover.

ROUND ROCK, TX-Robert Wunsch Development has flipped the calendar for its construction start to Vintage Plaza, a 30,000-sf office project for La Frontera. The developer had thought work could get under way in July, but now it looks like August.

AUSTIN-American Vantage is locked in talks to buy the 97-room Adventure Inn, part of an eight-acre holding at Horseshoe Bay. But, a company VP cites SEC regs as she maintains silence about the details for a 250-room hotel and conference center.

AUSTIN-New York-based Techspace believes Austin is still prime ground for high-tech space. The suites' operator is proceeding with plans to open 30,000 sf of high-tech CBD space in September. Talks are under way with potential tenants.

AUSTIN-McShane Corp. has rethought its delivery strategy of building projects in light of Austin's sublease space glut. Work has halted at Riata Gateway while two Braker Pointe projects will now have staggered deliveries.