HOUSTON-The underwater research and development firm jumpstarts an expansion plan with the acquisition. The building, positioned on about three acres, abuts Oceaneering International's existing facility in Houston's bustling northwest corridor.

PHOENIX-The Phoenix Symphony Orchestra opts to hold onto a 6,407-sf anchor spot in the Garden Office Pavilion at 355 N. Third St. The orchestra, which has its admin and box offices in the office space, gets a larger sign and "grander presence.

PHOENIX-The Velocity Retail Group is partnered with RCS (Retail Corporate Services) to form a fully integrated retail services' provider in the Southwest. RCS president Dick Totaro and Dave Cheatham, SVP and regional director, will lead the team.

SCOTTSDALE, AZ-The Plaza Cos. is gearing up to break ground this month on a 75,280-sf, two-building project at 8571 E. Princess Dr. in Scottsdale. The project, 60% pre-leased, is forecast to deliver at 100% filled.

HOUSTON-Infometrics Market Center, eight years in development, is introduced to Houston by Moody Rambin Interests. The Web-based tool delivers real time data for leasing, marketing and property management.

HUMBLE, TX-Several proposals were put on the table for 17-year-old plaza in the suburb of Humble, but the one that came closest to the $12-million asking price got the deed. GMAC put the asset on the market a year ago following a foreclosure.

GLENDALE, AZ-Scottsdale's Champion Partners delivers a line-up of nationals for the $4.3-million Arrowhead Ranch Plaza, rising in an area where the zip code is a marker for success. The stores are eyeing fall openings.

HOUSTON-Multiphase Solutions puts its headquarters into the penthouse at Two Park Ten Place and gets its name on the building along with an option for more office space, if needed. The new deal takes occupancy to 49%.