HOUSTON-City officials buy nine of 11 acres in the 2600 block of West Lake Houston Parkway from CH Wilkinson Physician Network. The estimated 6,000-sf community center will cost $3.2 million, including the land.

HOUSTON-It's no secret tenants are in the driver's seat in the city, with rates being shaved 10% to 20% along with usual perks of free rent and moving allowances. Investment sales, though, is strong and will remain so if interest rates stay low.

HOUSTON-Three acquisitions are shopping centers with an aggregate 90,300 sf and five are land sales totaling 10.7 acres. The month-long buying spree brings closings in Texas, North Carolina, Illinois and Missouri.

PEARLAND, TX-A Houston investor picks a site with state highway frontage in a high-growth suburb in a plan to build a 22,000-sf shopping center. The site is carved from a 12-acre tract, assessed at $22,825 per acre.

HOUSTON-Three acquisitions are shopping centers with an aggregate 90,300 sf and five are land sales totaling 10.7 acres. The month-long buying spree brings closings in Texas, North Carolina, Illinois and Missouri.

SUGAR LAND, TX-Baker St. Pub & Grill is joining the town square lineup, taking 5,685 sf in a long-term lease along City Walk Street. The new deal takes phase one's 130,0000 sf of retail and 50,000 sf of office product to 87% occupancy.

STAFFORD, TX-Rogello and Magdalene Ortega pay close to $200,000 for land at the corner of Plantation Lane and Stafford Point Drive. The Ortegas are planning to build a center to service their restaurants in Central and South Texas.

HOUSTON-A group of doctors with the ability to quickly close the $1.1-million deal acquire 4.9 acres with freeway frontage in the Memorial Drive area. Fifteen others had offers on the table when the deal swung their way.