HOUSTON-Fewer new apartments will boost rents in Houston, now lagging behind the national average by 3%, says Dallas-based M/PF Research's quarterly apartment report. The metro's average rent now totals $638, with the exception of areas like the Galleria and West Inner Loop.

EDINA, MN-The 96,000-sf office building is part of a mixed-use development in this Minneapolis suburb. Leasing has begun on the 96,000-sf, three-story Class A office building at Highway 100 and 50th Street.

LOS ANGELES-A car dealer and a developer have just bought up a total of 5.16 acres in Valencia, in two separate deals, valued at $4.4 million.

PHOENIX-Many snowbirds landing in the Valley in search of sunshine are trading in their gypsy lifestyle in RVs for more permanent accommodations, reports researchers at ASU.