THE WOODLANDS, TX-A 17-year veteran of the Woodlands' parent firm is the development's new vice president and general counsel. Karen West assumes the helm for all Woodlands' legal services.

HOUSTON-In an ongoing disposition strategy, Mack-Cali has found a taker for the 71,000-sf Cornerstone Regency in northwest Houston. Caldwell Watson has shelled out nearly $3.2 million for the holding.

HOUSTON-Hendricks & Partners has Q1 2001 surging ahead of the numbers from last year. On a positive note, vacancy has come down nearly 2% points amid a decline in new deliveries. The average monthly rent is up 4.3%.

HOUSTON-Twelve Walgreens locations have come to market as a result of new stores being constructed in Houston, Kingwood, Texas City and Rosenberg. In all, Walgreens has slapped 180,595 sf on the sublease market.

HOUSTON-Boulder Management is planning to come out of the ground next year on a 35,000-sf to 50,000-sf office development in Westway Park. The project gets a jumpstart as brokers close a 2.4-acre land buy.

HOUSTON-McCoy Workplace Solutions has finalized a $5.5-million sale-leaseback deal for its 140,030-sf headquarters and distribution facility at 565 W. 38th St. The Houston-based operation is now part of a W.P. Carey & Co. REIT portfolio.

HOUSTON-ProLogis Trust is adding three tenants to its northwest Houston industrial roster. The trio is taking 42,258 sf, with Auto Refinish Distributors lining up for the largest spot, 18,598 sf at 448 Garden Oaks.

HOUSTON-NBC Holdings, a private capital investor, has taken title to the Verandah at Centerfield after refinancing several Austin properties. Thirteen private investors and institutional buyers had vied for the holding.