AUSTIN—Dallas-based Inland American Communities Group Inc. (IAC), the development, acquisition and management company that recently changed its name to University House Communities (UHC), has five new properties under construction across the country, including one near The University of Texas at Austin.

FORT WORTH--Transwestern Investment Group (TIG) has acquired a Cultural District-area asset on behalf of Diversified International Partners. CBRE in Dallas brokered the transaction of 550 Bailey, a 122,828-square-foot, seven-story office building.

DALLAS--The NAI Robert Lynn Industrial Division has hired industry veteran John Leinbaugh as a managing partner of industrial leasing. Leinbaugh brings to Robert Lynn a portfolio totaling nearly 5 million square feet of class A industrial space of which he will be responsible.

DALLAS--Stewart Creek Office Center II, a class A office building in Frisco, has been sold. Creighton Stark and Jack Minter, of Colliers International, represented the seller, Stewart Creek International Investors. The buyer and sales price was undisclosed.

AUSTIN--Austin-area single-family home sales and home prices hit an all-time high for the month of February, according to the February 2015 MLS report released Friday by the Austin Board of Realtors.

AUSTIN—Austin-based Whole Foods Market officially opened its first store in The Woodlands yesterday.

DALLAS--CBRE Capital Markets is marketing the sale of Plaza of the Americas, a 1.2-million-square-foot class A office complex in the Arts District, M-M Properties and Invesco Real Estate have announced.

HOUSTON--Hicks Ventures has announced that Andy Hoyns and Sydney Hicks have joined the real estate firm's property management team.