MINNEAPOLIS-The Rotter family already owns 69% of the shares, and will pay $9 per share for the remaining stock, or approximately $16 million. The company will use its credit line to buy the shares.

THE WOODLANDS, TX-The Woodlands Operating Co. bolsters its lineup at Panther Creek Professional Plaza with the addition of a chiropractic center. Meanwhile, a two-year employee is promoted to director of relocation and realtor relations.

HOUSTON-Houston has what it takes to keep up its pace, even when faced with trying times, says a CB Richard Ellis team in its annual forecast. Multifamily is by far the point man of the product pack, with rent reaching an all-time high.

SOUTHFIELD, MI-The auto supply company that uses Internet solutions plans to take four floors at the new Two Towne Square in early 2003. The company had considered Downtown Detroit, as well as out-of-state locations.