HOUSTON-The Woodlands Operating Co. has begun construction on Waterway Plaza Two, another step forward for the strong office market in the 27,000-acre master planned community. The 143,000-sf structure backs up a 223,000-sf first phase that is 90% leased two months in advance of its delivery.

DALLAS-It pays to know the territory, says a Massachusetts CEO who is setting up a "second home" for his company in Richardson's Telecom Corridor, the same high-tech hub where he spent most of his career. Ennovate Networks, headed by John Glazik, is close to finalizing a 25,000-sf lease for a research and development center.

TROY, MI - Detroit-area firm handling $4 million project.