Houston

HOUSTON-The buyer gets Parkgreen Apartments and neighbor, Parkway Apartments from unrelated sellers. About $4,000 per door will go into upgrading the class C assets.

HOUSTON-The developers will break ground in mid-October on the 312-unit Broadstone Cypress. Meanwhile, work has just begun on 353-unit Broadstone Walker Commons.

HOUSTON-As promised, Younan Properties gets keys to Two Westlake Park, a class A office building in the Energy Corridor.

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.