HOUSTON-Xinghua Machine Corp., which makes assembly equipment for fortune cookie production, goes from borrowed space to an owned location along Hodges Street. Sources say the property swaps hands for about $200,000.

HOUSTON-The MTI College of Business & Technology pens a five-year lease for 33,650 sf on the city's east side and a dentist pre-leases 1,500 sf for 10 years on the north side. The pair of deals adds new names to NewQuest Properties' centers.

LAKE JACKSON, TX-TVO Realty Partners turns to a Houston investment group, Ganga Properties, after the first contract falls out for the 93%-leased Sun Forest Apartments. Thirty days later, the seller is holding 90% of the $4.5-million asking price.

ALVIN, TX-The developer of the two-year-old center turns over the deed to a Houston buyer with 1031 Exchange capital to spend and the ability to assume a $1.2-million loan held by a San Antonio-headquartered lender.

HOUSTON-With absorption now into the red, the region is poised for another hard hit as builders this year work on delivering 19,000 units. That and last year's 12,000 new units means 16,000 apartments would have to be absorbed to maintain the 89.4% occupancy.

HOUSTON-Wyatt Field Services makes a medium-term commitment to the building owner for office/warehouse space at Northwest Point Distribution Center after subleasing the location for two years.

HOUSTON-The build-to-suit's developer, which spent about $6 million on the project, turns over the deed for Innova Electronics' headquarters and manufacturing site to Macfarlan Real Estate Investment Management.

HOUSTON-Hines Nurseries Inc. re-ups 6,947 sf for the long term after spending the last four years in Parkview II at 333 Cypress Run on the city's west side. The renewal keeps the 64,841-sf office building at 100% occupancy.