HOUSTON-EastGroup Properties has acquired 63 acres of raw land and a 107,000-sf building in World Houston International Business Center. The developer is gearing up for the first building phase for the land, which can support up to 800,000 sf.

NORWALK, CT-The C.R. Gibson building here has been sold to an owner of a women's health and fitness center company for $1.7 million, according to Grubb & Ellis Co. of Stamford, CT, which brokered the deal.

AUSTIN-Five Austin businesses have finalized leases for industrial and office space. The largest deal puts Summitt Electric Supply into 56,000 sf at Interchange Business Park.

WHITE PLAINS-Westin Hotels & Resorts, a subsidiary of Starwood Hotels & Resorts Worldwide Inc., based here, reports that its management agreement with Philippine Plaza Holdings Inc. for the Westin Philippine Plaza has been renewed.