Thomas Properties Group Inc.

in partnership with the California State Teachers’ Retirement System has acquired a four-building, 1.5 million-square-foot campus and 24 acres in the Houston area for $295 million. The Los Angeles real estate company already owns a nearby 25-story building. The deal was funded through a $203 million mortgage and $96.6 million in equity proceeds, including $24.2 million from Thomas. The real estate company’s portfolio now totals around 4 million square feet in the Houston area. The Nasdaq issue closed Friday at $12.73, down 70 cents.

Superior Industries International Inc.

plans to lay off some 225 employees from a chrome plating plant in Fayettville, Ark. The Van Nuys company, which is a major supplier of aluminum wheels to Detroit’s Big Three automakers, has been struggling as demand for its products has decreased. In February, the company laid off 375 workers at its Van Nuys manufacturing facility as it moved to cut its production capacity. The New York Stock Exchange Issue closed at $18.09, down 10 cents.

The

UCLA Anderson Forecast

next week will focus on the next step for California real estate. The forecast will examine the effects of rising interest rates and inventory levels on the market. The keynote addresses will be given by Bruce Karatz, chief executive of KB Home and Richard Ziman, chairman of American Value Partners. The forecast is scheduled for 7-11:30 a.m. Wednesday at UCLA’s Ackerman Grand Ballroom.