Houston

HOUSTON-Transwestern will start work in Q1 on twin 14-story buildings in the Energy Corridor as part of its new benchmark, $1 billion of assets under construction or planned.

HOUSTON-A private investor from Greenwich, CT takes the fully leased Parkview I and II from KBS Capital Advisors, which is pruning class B office space locally.

HOUSTON-A Principal Financial affiliate sells the 127,568-sf telecom warehouse to Harris County after officials start talking about knocking off a corner to make way for overhead interstate lanes. The plan's taken a new twist now that $4.3-million trade's done.

HOUSTON-Pathfinder Insurance Group re-ups two years early to get expansion space in a 118,000-sf suburban office building along Dairy Ashford Road. The extra office space, though not contiguous, takes the bottom line to 9,633 sf.

HOUSTON-The 214,831-sf door manufacturing facility at 5401 Lawndale St., just four miles southeast of the CBD, sells to Caspian Homes. The listing was on the market for 1.5 years, baiting several offers--all from residential developers.

HOUSTON-General Stevedores, a steel and iron distributor located in a 40,000-sf leased building in east Houston has taken over the lease for the 24,000-sf building next door.

HOUSTON-Transwestern Commercial Services wins the contracts for Westbridge One, a 103,835-sf, class A office building sold about three months ago. Three other brokerage houses were vying for the pacts to an 81%-leased structure on the west side of town.

HOUSTON-The leases, totaling 7,490 sf, all are medium-term pacts that range from 3,266 sf to 822 sf. Fulcrum Power LP occupies the largest block of space while "Les Avenues" magazine is moving into the smallest.