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AUSTIN-It's a build one, sell one strategy at Transwestern Commercial Services. Plans are being finalized to start construction on an office tower in southwest Austin while a sales contract is pending on its Monterrey Oaks in the same submarket.

DETROIT- The 85,000-sf TelCraft Shopping Center at I-96 and Telegraph Road has been sold.

BOSTON-In its second foray into the Boston market, Walton Street Capital purchases Ten Post Office Square, a landmark property in the financial district. The company recently purchased One Boston Place.

SAN ANTONIO-With the state's first SuperTarget now open, the Target family is adding three more supercenters to its Texas lineup. San Antonio, Arlington and Sugar Land will join 12 other SuperTargets and 21 new Target stores next year.

SAN JOSE-The Chicago-based real estate investment advisor is the new owner of the Tully Business Center in San Jose, the Scott Creek Business Park in Fremont, and Cabot Business Park in Hayward.

ORLANDO-Hoteliers attribute the decline to a temporary soft construction market, higher gas prices and a convention date switch to October by the 20,000-member Marine Manufacturers Association. But October collections should be back on schedule.

GRESHAM, OR-Albertson's and government officials can't decide who should pay for a $200,000 utility relocation in a multi-million project designed to fix an accident-attracting triangle of roads.

WINSTON-SALEM, NC-Vacancies are at 13%, up from 9% four years ago at 40 neighborhood and community shopping centers representing four million sf. Property owners face hurdles in subdividing vacated space for smaller users. Winston-Salem is 80 miles northeast of Downtown Charlotte.