TEMPE, AZ-Crews jumpstart work a $5.9-million, two-building office-warehouse project in the 53-acre Elliot Business Park, promising to deliver 285,469 sf by October. Tempe Marketplace Commerce Associates is the developer.

PHOENIX-A 46,719-sf complex that includes the site of the historic Green Gables Restaurant has sold to a California buyer for close to $3.1 million. A 1031 Exchange buyer places a contract before marketing can begin on the 24-year-old office buildings.

PHOENIX-Opus West breaks ground on an estimated $8-million project even though the 5.5-acre sale won't close until August. The University of Phoenix's West 101 Gateway has 30,000 sf dedicated to the school and the balance headed to the lease market.

GILBERT, AZ-Longbow Construction's extra room comes as a 5,984-sf building, one of two completed earlier this year at the 51-acre Fiesta Ranch Commerce Center. The three-year lease's cost is $159,660 over the term.

PHOENIX-The private investor overcomes some hurdles in a 65-day escrow, but the sale of the 9th Place Apartments finally gets stamped as done. The new owner will make some immediate repairs and then fill four units that went dark during escrow.

PEORIA, AZ-The Mack Co. is planning a 365,000-sf development of showroom and warehouse space at the junction of Loop 101 and Thunderbird Road. The land acquisition is poised to close by year's end, with construction ramping up in first quarter 2005.

ANTHEM, AZ-Palo Rojo Investments of Melville, CA uses 1031 Exchange money and closes two loans to buy the 10,584-sf Anthem Village Center and a 6,612-sf block in Fletcher Heights Plaza. In all, $5.7 million crosses the closing table.

CAVE CREEK, AZ-A local developer and manager of flex-ownership vacation resorts purchases 19 units at the Rancho Manana Resort. With an estimated $7 million ready to invest, the buyer eyes a Q4 groundbreaking for an additional 20 units.