HOUSTON-Pacific Process Systems of Bakersfield, CA strikes a short-term lease for one of the few freestanding industrial buildings in that size in the northwest submarket. The half-acre of fenced yard also helps sway the deal.

CLEAR LAKE, TX-Should President George Bush's "vision" for NASA's space program come to fruition, NASA/Clear Lake's 5.6-million-sf office market is ill prepared for explosive growth, says a hands-on broker for the inventory.

HOUSTON-Xerox Corp. takes the office/warehouse space at 10633 W. Little York in the Bondesen Business Park. The top name, inking a long-term commitment, will move in within 60 to 90 days in a relocation from within the same submarket.

PEARLAND, TX-Ram Chemical & Supply ground leases a pad site for the long term in the Crossing at 518 shopping center to build the chain's 23rd store. Meanwhile, the broker is working out details for several other pad sites in Texas.

HOUSTON-Franklin Street Partners acquires a fully leased, 250,000-sf office building in a submarket with high barriers to entry. A source says the single-tenant's $100-million infusion last year was the impetus needed to pique interest in the listing.

BELLAIRE, TX-Global Finance will occupy 3,103 sf in the coming weeks while First Choice Management Group gets 3,056 sf in the same building as its parent, Juniper Investment Group.

HOUSTON-JPH Associates of San Antonio takes the broker up on the offer to buy the Atascocita Del Norte center before it goes to market for $2.9 million. The buyer's vested interest in a pad site at the center earns the early call.

HOUSTON-The Santa Ana, CA-based firm adds a fourth office in the region, picking 2,230 sf in the Kirkwood Atrium II. The long-term deal is made on the proximity to its customer base and space that's already built out.