AUSTIN-The first payment, totaling $4.8 million, rolls in from Grande Communications to US Online in a partnering for multifamily high-tech hookups. By Sept. 30, another $8.6 million is to be dumped into US OnLine's coffer.

SAN ANTONIO-The initial forecast for San Antonio is cautionary as researchers map out another sluggish year. The Grubb & Ellis report says the downturn will drag into 2003 for the city, save for its class B and C multifamily products.

AUSTIN-The reminders of Austin's 2001 office market are evident as the industry braces for the brutal facts in upcoming Q4 reports. Part of the telling is a construction permit drop and along with it, the value from $521.5 million from $568 million.

AUSTIN-Kirk Rudy takes the helm of the Real Estate Council of Austin from outgoing president Jerald Winetroub. The new leader says the goal is continue the momentum of 2002 for the 850-member organization.

AUSTIN-The state capital could shed its stereotype of being under-retailed if development plans shift from the drawing boards to reality in 2002. The Austin market's solid in terms of retailers' interest and capital availability, says a Weitzman VP.

AUSTIN-The state capital could shed its stereotype of being under-retailed if development plans shift from the drawing boards to reality in 2002. The Austin market's solid in terms of retailers' interest and capital availability, says a Weitzman VP.

AUSTIN-German-based Oasis Silicon Systems relocates from the Capital of Texas Highway to the Setting in the southwest submarket. The firm is settling into space vacated by Holt, Rinehart and Winston.

AUSTIN-Trammell Crow snags an assignment to hawk 150,000 sf of office space for Sun Microsystems. The space is coming due in the northwest submarket in four buildings at the Parmer Business Park.