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HOUSTON-Schlumberger Omnes and the law firm of Gay & Reitz have sealed leases for new offices. One heads to Geoquest Center and the other to the Gemini Building in southeast Houston. In all, 24,340 sf has been taken.

KANSAS CITY-Plans call for a new urbanism neighborhood, with 550 residential units, 50,000 sf of retail space and 16,000 sf of office space in long-blighted part of Downtown that once was the site of Municipal Stadium.

TUSTIN, CA-The oldest bank founded in Orange County, Sunwest is relocating its corporate headquarters to a new location.

LONDON-Over the next three years, Bass will spend $108 million to bring the properties up to the standard of its Holiday Inns. About 15 hotels will not be kept because they aren't suitable for upgrading or are near an existing Holiday Inn.

LOS ANGELES-Developers have moved forward with construction of Wateridge Two, even as vacancy rates rise on the Westside.

WASHINGTON, DC-Low interest rates will fuel growth across all areas of the market, according to the NAR, which predicts a record being set for new-home sales and the second-best year ever for existing-home sales.

PUNTA GORDA, FL-The real estate brokerage division of St. Joe Co. paid an undisclosed sum for the locally based firm. Punta Gorda is in a fast-developing commercial corridor, 138 miles northwest of Miami.

SAN YSIDRO, CA-Construction has officially begun on the $205-million International Gateway of the Americas project, which developers say will help ease congestion and revitalize the border area.