LOS ANGELES - Shoppers braving the mall this holiday season may notice more that's new than the day's discounts. Many mall owners are spending billions to add more upscale restaurants and bars, premium movie theaters with dine-in options, bowling alleys and similar amenities. Some have turned swaths of space that previously housed department stores over to health clubs and grocery stores. Others are undergoing ground-up transformations to make room for office space, hotels and apartments.

The president of board of the embattled Montrose Management District will resign at the end of the year, the district has confirmed.

Downtown Houston's Main Street boasts some of the most expensive office real estate in the country, according to a new report. The 1½-mile-long street ranks No. 21 on JLL's national list of streets with the highest office rents. The average rent for office space on Main Street downtown is $44.24 per square foot, about 45 percent higher than the city average of $30.55 per square foot, the commercial real estate firm said. Trophy towers on Main Street include Hines' 609 Main, Transwestern's 1000 Main and BG Group Place. Two other Texas cities made JLL's annual list, including Austin and Dallas. Austin's Congress Avenue was the 10th most expensive street nationally with rents averaging $58.20 per square foot.

Capital Retail Properties and Wile Interests have teamed up on a project to turn 1.7 acres along North Shepherd Drive, south of 16th Street, into a 30,000-square-foot center that will bring services and restaurants to a rapidly changing area of the Houston Heights. The Houston-based developers acquired a 75,000-square-foot parcel at 1533 N. Shepherd, consisting of nine tracts, from a private seller in August. They chose Austin-based Michael Hsu Office of Architecture to create the Market at Houston Heights. The developers aim to attract about 10 tenants, including a restaurant, to anchor a 4,000-square-foot building at the southwest corner.

Lincoln Property Co. has boosted occupancy of Intercontinental Park I, an 83,969-square-foot office building at 16801 Greenspoint Park, to 52 percent. Centre Technologies, represented by Gary Lawless of Cresa Partners, signed a lease for 18,073 square feet. Interactive Learning Systems, represented by Steve Jenkins of Vanguard Commercial, has leased 16,126 square feet. Virgil Hydes and Kevin Wyatt represented Lincoln Property Co. in-house. Avera Cos. announced the acquisition of 369 acres along Bay Area Boulevard, between Spencer Highway and Fairmont Parkway in La Porte, from PPG Industries. Avera sold a portion of the land, totaling 235 acres west of Bay Area Boulevard, to Beazer Homes for a residential development.

Dallas-based Westmount Realty Capital has expanded its Houston holdings with the acquisition of the 234-unit Copper Mill apartments at 15910 FM 529.

Downtown's 24-story 1001 McKinney building is up for sale. Commercial real estate firm HFF has been hired to market the historic building, which was built in 1947 to house the City National Bank. The art deco style building, which has undergone nearly $6 million in improvements, was designed by Alfred C. Finn and houses Morton's The Steakhouse on the ground floor.

Goode Co. Kitchen & Cantina, a Tex-Mex concept of Goode Co. Restaurants that made its debut in The Woodlands in September, has opened in the former Mason Jar Restaurant at 9005 Katy Freeway. Levi Goode, president of the family owned company founded by his father 40 years ago, collaborated with Houston-based gin design group on the interiors. The decor features reclaimed wood, artisan-made fixtures, and pieces from his family's collection. Goode worked with Studio Red Architects on remodeling the 6,500-square-foot building, which was built out by Alpine Engineering & Construction. Growler USA, a Colorado-based craft beer microbrew pub with 17 locations including one in Katy, plans to open in Friendswood in February.

About a third of adults are living with a roommate or parent in Houston, mirroring the trend for the U.S. as housing costs have shot up, a new Zillow report showed.

Homes priced between $100,000 and $250,000 saw the strongest sales gains while demand for luxury homes declined compared with last year, according to the latest report from the Houston Association of Realtors.

Houston litigation firm Beck Redden has renewed its lease on the top two floors of LyondellBasell Tower in downtown's Houston Center for 10 years.

A district court judge on Monday signed an emergency temporary restraining order preventing the embattled Montrose Management District from issuing, collecting or spending assessments from commercial property owners in the Houston neighborhood. An attorney representing property owners in two lawsuits against the district filed the order after learning it was planning to hold a board meeting Monday to discuss assessments and other matters. The Montrose Management District is one of dozens in the Houston area created by the Legislature to promote economic development and make improvements to public areas in individual neighborhoods. Commercial property owners help pay for the improvements through assessments.

Capital Retail Properties and Wile Interests have teamed up to transform 1.7 acres along North Shepherd Drive, south of 16th Street, into a 30,000-square-foot lifestyle center that will bring services and restaurants to a rapidly changing area of the Houston Heights.

Sweet Paris Crêperie & Café plans to open three more Texas locations in the spring of 2018. The Houston-based restaurant, which opened in Rice Village five years ago, has other locations in CityCentre and Nuevo Vallarta, Mexico.

Valcap Group has purchased the Remington Katy, a 352-unit apartment complex at 22631 Colonial Parkway near Interstate 10 and the Grand Parkway, in an off-market transaction.

A group of local investors has acquired a former Weatherford campus north of Houston.

Woodshore Family Dentistry has leased 2,160 square feet in Woodshore Marketplace, a community center anchored Kroger Marketplace at the southeast corner of Oyster Creek Drive and Dixie Drive in Clute. Kyle Knight and Brett Levinson with Weitzman represented the landlord. Drew Etheridge with Xite Realty represented the tenant. Verizon Wireless has leased a 3,000-square-foot building at 5440 Memorial Drive. The Rama Cos., a local firm led by Amir Taghdisi, developed the building on the site of the former Pollo Bravo restaurant. Move-in is planned by February. Josh Jacobs and Lauren Heiman with Edge Realty represented the landlord. Jeffrey Hayes and Caroline Howell with NewQuest Properties represented the tenant.

The Commerce Green Office Park in Sugar Land is now fully leased after deals totaling more than 30,000 square feet at 245 Commerce Green Blvd. The park, off U.S. 59 at Sugarcreek Boulevard and Commerce Green, has a 50,000-square-foot two-story multitenant building as well as three single-occupant buildings. Kevin Poynter and Peyton Poynter of Poynter Commercial Properties Corp. represented the landlord, Commerce Green Associates, in the deals. The latest deals include: Wells Chappell and Co. (1,341 square feet); Charlene J. Rogers, MA, LPC, represented by Pat Pollan (882 square feet); Pollan Hausman Real Estate Services; Community Impact Newspaper, represented by Blake Virgilio and Keith Grothaus of Caldwell Cos.

Brennan Investment Group has acquired an industrial park in northwest Houston.

Houston-based Hines is betting its success in the office market will carry over to the residential side.