SANTA CLARA, CA-The 160,000-sf Bayshore Duane Communication Park will be ready for tenant improvements next month. It is being built by Pelio & Assoc. and marketed by CPS, a locally-based boutique brokerage. The listing agent says it has more interest than space available, and expects signed leases in the next 30 days.

SAN ANTONIO-Sterling Bancshares Inc., based in Houston, is making plans to pay $51.8 million in cash for CaminoReal Bancshares of Texas Inc., headquartered in San Antonio. The deal marks Sterling's inroad into San Antonio and the South Texas market.

UNION CITY, CA-A space crunch and rising Silicon Valley rents assisted the biotech firm in making the choice to expand northward into relatively cheaper space. The company moved into their new 90,000-sf digs this week.