HOUSTON-One's a renewal and the other's a new tenant in 12,806 sf of office pacts that have come down the pike for Caldwell Watson leasing assignments. The Houston AEROS, the larger of the two deals, will stay put in its Westchase corporate offices.

LONDON-Hammerson has increased its exposure to the City office market by taking a one third stake, with Greycoat and Henderson Investors, in the 313,000 sf Moor House office scheme on London Wall.

LONDON-Railtrack has made a planning application for one of the country's biggest rail-linked distribution facilities. It wants to redevelop a former coal mine near Warrington, Cheshire, with 2 million sf of distribution space.

PANAMA CITY, FL-Panama City Associates, owner of the 25-year-old, 600,000-sf Panama City Mall, is expected to use the money to renovate and expand the landmark regional retail center. Panama City in the Florida Panhandle is 250 miles northwest of Downtown Orlando.