Austin

Here's a look at this week's trends, announcements and deals that you may have missed in Texas, New Mexico, Colorado, Oklahoma, Arkansas and Louisiana.

AUSTIN, TX— Buyer enthusiasm continues to make an impact on the market and investors are active throughout the quality spectrum, particularly with class-A assets that are coming to market.

PFLUGERVILLE, TX-Work starts on a second building to get some spec space in Verde Springbrook Corporate Center after leasing the bulk of an under-construction warehouse.

AUSTIN-Stratus Properties and Canyon-Johnson break ground on the 850,000-sf mixed-use project in the southwestern quadrant of the CBD.

AUSTIN-Jane Snoddy Smith, a five-year partner with Fulbright & Jaworski LLP, is national president-elect of the 7,621-member organization.

AUSTIN-East Avenue Investment Group's project will get the world's fourth Hyatt Andaz. Work begins in late 2008 on the hotel and 600,000 sf of office.

AUSTIN-The San Antonio-based bank takes 52,000 sf in the 33-story CBD high-rise to boost the pre-leased space to 46%. Frost Bank becomes the largest space taker of the five leases signed to date. The building opens in January 2004.

AUSTIN-The law firm of Dewey Ballantine becomes the fifth tenant to pre-lease office space in Cousins Properties' Congress at Fourth. The 35,000-sf, 10-year lease carries the 525,000-sf tower to 34% filled, with the opening still 10 months away.