HOUSTON-An offer close to the asking price halts a 60-day "for lease" or "for sale" drive to turn some income from the 15151 Henry Rd. property in the far north submarket. The buyer will be starting a machine shop in the building.

BAYTOWN, TX-Wes Walters of Austin, the point man for an investment pool, cracks the market with the acquisition of the 68,778-sf Riceland Pavilion on 15.8 acres and an abutting five acres. The vacant land immediately is returned to the market.

HOUSTON-AROC Inc.'s executives checked out the market and nixed a move to avoid incurring moving expenses, says the tenant's rep. The end result is a 10,576-sf lease, minus 4,000 sf of renewed class B space.

HOUSTON-After 2.5 years on the market for $2.7 million, the Dallas seller gets what it wanted: a lock, stock and barrel buyer for the Jacintoport Industrial Park acreage. The development plan begins with a 50,000-sf building for re-packaging imported wares.

HOUSTON-Pathfinder Insurance Group re-ups two years early to get expansion space in a 118,000-sf suburban office building along Dairy Ashford Road. The extra office space, though not contiguous, takes the bottom line to 9,633 sf.

HOUSTON-Despite attractive suburban and urban options, the law firm of Chamberlain, Hrdlicka, White, Williams & Martin decides to stay another 10 years at its 20-year address in Two Allen Center.

HOUSTON-Pathfinder Insurance Group re-ups two years early to get expansion space in a 118,000-sf suburban office building along Dairy Ashford Road. The extra office space, though not contiguous, takes the bottom line to 9,633 sf.

HOUSTON-Wallace/Halpin LLC will start work within a month on the Gulf Freeway site, a one-time location for a service station. The tract at a high-traffic intersection is likely to push pre-leasing to 100% before the 8,000-sf project delivers.