HOUSTON-The Oak Brook, IL-based REIT pays $18.3 million for the 143,428-sf New Forest Crossing within days of taking control of shopping centers in Austin and San Antonio. In all, $55.1 million goes on the line for Texas retail space.

HOUSTON-The Oak Brook, IL-based REIT pays $18.3 million for the 143,428-sf New Forest Crossing within days of taking control of shopping centers in Austin and San Antonio. In all, $55.1 million goes on the line for Texas retail space.

HOUSTON-The REIT pays $18.3 million for the 143,428-sf New Forest Crossing within days of taking control of two other centers.

PHOENIX-Desert Palms, a Wal-Mart-anchored center with a prime infill location, trades for $38.5 million to Dallas-based Sarofim Realty Advisors, which assumes a $21.4-million conduit loan to cross the finish line ahead of a 20-plus pack of bidders.

PHOENIX-Desert Palms, a Wal-Mart-anchored center with a prime infill location, trades for $38.5 million to Dallas-based Sarofim Realty Advisors, which assumes a $21.4-million conduit loan to cross the finish line ahead of a 20-plus pack of bidders.

PHOENIX-Desert Palms, a Wal-Mart-anchored center with a prime infill location, trades for $38.5 million to Dallas-based Sarofim Realty Advisors, which assumes a $21.4-million conduit loan to cross the finish line ahead of a 20-plus pack of bidders.

HOUSTON-Absorption during the second quarter reaches levels not seen since 2001. The final count shows 3,823 units were rented versus 1,665 a year ago. More than 60% of the quarter's momentum was aimed at the class A sector.

LOUISVILLE, KY-The company ups its full-year 2005 guidance two cents, but decreases its second-half estimates by eight cents.