PARSIPPANY, NJ-Although asking rents remain stable, sublet availability is reaching critical mass, causing some pressure on taking rents, according to a second quarter report about to be issued by GVA Williams-NJ.

HOUSTON-With headquarters projects going in five major US cities and Paris, Houston-based Hines is undertaking its first job in Omaha. Hines is the development manager for the $260-million, 1.1 million-sf new headquarters for Union Pacific.

ATLANTA-The Houston developer and its deep-pockets partner from Fairfield, CT receive the official blessings of DeKalb County officials as dirt turns on construction of the 18 story, 400,000-sf tower scheduled for completion at year end 2002.

ATLANTA-The Houston developer is putting a hotel project on hold at mixed-use Overton Park, Interstate 75 and the Kennedy Interchange. Stringent lending guidelines on new lodge construction led to the change in plans, insiders say.