PHOENIX—In this week's Deal-Tracker, CassidyTurley announces the sale of a 40,427-square-foot class Bflex project at 2932 W. Deer Valley Rd. in Phoenix's Deer ValleySubmarket. California-based Hyperion Fund L.P.purchased the property for $5.97 million from California-based2932 DVR LLC. Executive managing directorEric Wichterman and senior vice presidentMike Coover with Cassidy Turley negotiated thetransaction on behalf of the buyer, while BarryGabel and Chris Marchildon withCBRE represented the seller. Built in 2002, theDeer Valley building on 4.01 acres is part of a three buildingcomplex incorporating the Motorcycle Mechanics Institute campus.The project is located at Deer Valley Road, one-half mile fromInterstate 17 and two miles from the North Loop 101. The propertyis leased entirely to Universal Technical Institute, a privatetechnical training school for auto mechanics, marine techniciansand NASCAR techs. The new owners plan to hold the property andmaintain the current tenancy.

-PHOENIX—The ViaWest Group announces the saleof a 34,440-square-foot, back-office building located at 4832 E.McDowell Rd. in Phoenix to the Sharp Family RevocableTrust for $5.4 million. At the time of the sale thebuilding was 100% occupied on a long-term triple net lease toLogisticCare Solutions. ViaWest purchased thevacant building in 2007 and subsequently signed multiple leasesultimately bringing the building to 100% occupancy. Logisticareinitially took 19,000 square feet in 2007 before expanding into28,000 square feet in 2010. Earlier this year, Logisticare'scontinued growth resulted in an expansion into the entire buildingon a long-term lease. Originally built in 1983, the singlestory back-office building is located near48^th Street and McDowell Road just two miles northof Sky Harbor International Airport near the terminus of 143Hohokam Expressway which provides direct access to five majorfreeways. Andy Bogardus, SteveLindley, Bob Buckley and TracyCartledge with Cassidy Turley's capitalmarkets group represented the seller, VWP McDowell,LLC (ViaWest Group), and Erik Marsh andGoodall “Hook” McCullough with NewmarkGrubb Knight Frank represented the buyer.