AUSTIN-Lehtonen Investments says its taking advantage of low interest rates and construction costs to have an office building ready when economy turns. The building could draw smaller tenants, one of the partners says.

DALLAS-Higher returns, parental guarantees on rent and a steadily increasing tenant base make off-campus, shared-living projects a windfall for those who can afford to develop. Rent by the bed, not unit, is the premise.

SAN BERNARDINO, CA-A partnership of local officials and Hillwood Investments says retail giant Kohl's will build a $25-million distribution center on the former Norton AF base. The deal is the first major step in efforts to convert the base into an economic engine.

HOUSTON-Canary Investments has signed an office lease in the Galleria submarket. The Uptown Galleria is the second largest submarket in the city, where third-quarter numbers tell a somewhat soft tale.