Real estate transactions Rice recently completed the acquisition of the Village Arcade, a 164,211-square-foot property spanning multiple blocks on the north side of University Boulevard east of Kirby, from Weingarten Realty Investors. Trademark Property Co., developer and manager of Market Street in The Woodlands, has been hired to manage and lease the Village Arcade and revitalize the tenant mix. Tom Carter of Greater Houston Commercial Properties represented the seller, Cinco Greenbusch Joint Venture Jonathan Hicks of Edge Realty Partners represented the buyer. Retail Concepts/Sun & Ski Sports has leased 12,000 square feet at the northeast corner of Cypresswood and Stuebner Airline. New York Donuts has signed a lease for 2,800 square feet for a Dunkin' Donuts/Baskin Robbins in a shopping center to be developed at the northwest corner of U.S.