AUSTIN-The Heritage Society of Austin's new report offers suggestions for delivering structures that will stand the test of time. The 57-page study, several years in the making, has gone out to developers, architects and government officials.

AUSTIN-An exclusive negotiating agreement garners signatures as the two parties start talking final terms for the master development agreement for a $100-million redevelopment of the closed Robert Mueller Airport.

AUSTIN-Dewey Ballantine of New York City will be moving into the penthouse floors of Frost Bank Plaza at 816 Congress Ave. The firm will occupy space vacated by Akin Gump Straus Hauer & Feld in its move to 300 West Sixth.

AUSTIN-Until now, the interest at Interstate 35-Parmer Lane has been lobbed by the likes of Wal-Mart, Lowe's and H-E-B. Seton Healthcare Network, drawn by the same criteria as the retailers, puts 28 acres under contract for a 164-bed children's hospital.

AUSTIN-Vacancy is still climbing and rents are still dropping. It's definitely a time for office tenants to shop the market and work out a deal to trade up, says a Colliers International broker. Overall vacancy is 23.9%, but the CBD's class A is 27.5%.

AUSTIN-Legerity will keep its Hong Kong office, but shift its Asian headquarters to Shanghai, China. The company says the headquarters change saves money. In Austin, Legerity is a 100,000-sf tenant in the southeast submarket.

SAN ANTONIO-A Dallas buyer of medical-related properties buys the 136,000-sf Crown Atrium, sitting on 8 1/2 acres on the campus of the South Texas Medical Center. The plan is to pump $1 million into upgrades.

AUSTIN-Vacancy is still climbing and rents are still dropping. It's definitely a time for office tenants to shop the market and work out a deal to trade up, says a Colliers International broker. Overall vacancy is 23.9%, but the CBD's class A is 27.5%.