PHOENIX-A Phoenix investor closes on the $2.4-million purchase with proceeds from a 1031 Exchange. CSK Auto, Checker's parent company, recently began selling properties with long-term leases to help finance expansion efforts.

TEMPE, AZ-Location proves vital in the company's lease of 4,057 sf in the Meridian office building in West Tempe. The home financing firm's new space is directly adjacent to US Highway 60 and offers close proximity to Interstate 10.

PHOENIX-Extreme Integration signs a $2.4-million purchase agreement for a 21,120-sf building on four acres at 4657 E. Cotton Gin Loop. The firm is getting ready to for a doubling of the operation over the coming 18 months.

MESA, AZ-Iron Eagle Motorcycles signs a three-year lease, valued at $175,000 over the term, for a stand-alone facility in the Broadwood Business Centre. The deal provides showroom and manufacturing space for the custom motorcycle maker.

PHOENIX-Anchor Centre lease solidifies expansion efforts for financial planner L. Roy Papp & Associates, which crafts an 11,098 sf, six-year lease with a full-term payout of nearly $1.6 million. The firm gets its keys in April.

SCOTTSDALE, AZ-Ferguson Enterprises, a national specialty plumbing supplies company, signs a lease valued at $450,000 for a 7,586-sf building teaming showroom and office space. The 8340 E. Raintree Dr. building is "a homerun location," says the broker.

MESA, AZ-California investors close on the $720,000 trade of the Hampton court complex in a "straight-forward deal" of a property with just two empty units. Buyer and seller are plying exchanges with the transaction.

PHOENIX-An exchange buyer from San Pedro, CA puts up $7.5 million for a fully leased, 76,326-sf Park Lee Center. The infill location and very close proximity to future light rail are added bonuses.