PEORIA, AZ-Kornwasser Shopping Center Properties pencils a groundbreaking when preleasing hits 85% for Lake Pleasant Pavilion, a 382,000-sf, SuperTarget-anchored development. Other commitments include Bed, Bath and Beyond and Shoe Pavilion.

PEORIA, AZ-Kornwasser Shopping Center Properties pencils a groundbreaking when preleasing hits 85% for Lake Pleasant Pavilion, a 382,000-sf, SuperTarget-anchored development. Other commitments include Bed, Bath & Beyond and Shoe Pavilion.

SCOTTSDALE, AZ-The local finance company's franchise group structures a portfolio buy of sale-leaseback and mortgage loans with Trustreet Properties Inc. of Orlando. The package contains 159 restaurant holdings in the US.

SCOTTSDALE, AZ-The local finance company's franchise group structures a portfolio buy of sale-leaseback and mortgage loans with Trustreet Properties Inc. of Orlando. The package contains 159 restaurant holdings in the US.

PHOENIX-A local real estate investor pays $1.45 million for an industrial building along South 33rd Street, sizing up the opportunity to be made from the area's disappearing inventory and higher land costs.

HOUSTON-Cerda Corp., a metal fabrication company, gets a 28,500-sf industrial building and enough extra land to expand its headquarters and operating base. The firm makes plans for an immediate move into ready-to-go industrial space.

PHOENIX-Presson Corp. bests several other off-market attempts to get the 144,076-sf Eastside Business Center from UPS Realty Investors. With the deal now done, the repositioning plan kicks in for the 40%-leased, multi-tenant flex complex.

PHOENIX-Presson Corp. bests several other off-market attempts to get the 144,076-sf Eastside Business Center from UPS Realty Investors. With the deal now done, the repositioning plan kicks in for the 40%-leased, multi-tenant flex complex.