SAN ANTONIO-Retail rental rates have finally leveled off after a long escalation period. The playing field's been tempered by new construction, which for awhile could barely keep pace with demand. But there's no standstill; more product is coming.

SAN ANTONIO-The ribbons are cut on three anchor stores for the 650,000-sf Bandera Pointe. Meanwhile, a 125,000-sf second construction phase is under way at the 100-acre power center, a joint project by Developers Diversified and Berndt Interests.

AUSTIN-The Austin Bergstrom International Airport is nearing its first anniversary and it's already outgrown its britches. A new master plan has been unveiled to double the facility's size to accommodate the growth.

AUSTIN-Within three weeks, construction will begin on San Clemente @ Davenport, a 49-acre office park being developed by Hill Partners. The project will be developed over the next four to five years and ultimately deliver 800,000 sf.

AUSTIN-Intel's recent announcement that it's halting work on a 435,000-sf CBD office building has drawn some takers for the site. A potential buyers' list already has started, just in case Intel decides at yearend to sell instead of move forward.

AUSTIN-USOL Holdings has named Don Barlow to the posts of president and CFO. Former CFO Jeff Sperber has headed to Denver. In another change, the multifamily provider has its first controller.

AUSTIN-USAA has hawked its Marriott at the Capitol after 15 years of ownership. Buyer Lend Lease Investments nor seller are talking price, but the 365-room hotel is appraised at $35.3 million. The buy is Lend Lease's second in the state capital.

AUSTIN-Two Colliers Oxford Commercial brokers have done their own calculations about the city's vacant sublease space. It's higher than ever, but not nearly as high as others in their field have claimed.