THE WOODLANDS, TX-Power3 Medical Products takes down research and lab space at Venture Tech II after an extensive market search of the suburb. The firm signs a five-year lease.

HOUSTON-After six years of building for others, the locally based firm is planning a September groundbreaking on a $2-million, 40,000-sf development on a 2.7-acre tract in the northwest corridor. The crane-ready complex will deliver in January 2005.

HOUSTON-Barr-John Entertainment & Investments takes 11,817 sf as a consolidation location and SJ Bashen, an HR consultant, re-ups 12,056 sf. Both sign medium-term leases for 1616 Voss Rd.

HOUSTON-Countrywide Home Loans is planning to an immediate move to 2,100 sf of retail space at Cypress Town Center, a seven-month-old shopping center that brought new life to a suburban intersection.

HOUSTON-A group of building owners for more than seven million sf of leased and subleased space challenge the discounter's refusal to bargain damages en masse. Garden Ridge execs, working through Chapter 11, say renegotiate separately or stores will close.

HOUSTON-Chemconnect snaps up a "market-rate" deal from Equity Office Properties to stay in Brookhollow Central II. The medium-term lease delivers an 11,067-sf contiguous block, shaving the bottom line just a bit to get the team onto one floor.

HOUSTON-The Chicago-based Jan-Pro Cleaning Systems carves out a 2,337-sf market inroad with a medium-term office lease at 15810 Park Ten Place. The firm lands after a three-month search of the market.

HOUSTON-Target Corp. picks up a box once leased to Kmart in the heart of the 963,000-sf Meyerland Plaza. Sources say the closing price probably hovered $90 per sf. Target's plan is to open doors in spring 2005.