HOUSTON-CNC Investments, up against 15 would-be buyers, wins the toss for a portfolio disposition by a local group ready to invest in retail. The just-sold properties are the 274-unit Cherry Creek and 256-unit Winchester Place in the far northwest submarket.

HOUSTON-CNC Investments, up against 15 would-be buyers, wins the toss for a portfolio disposition by a local group ready to invest in retail. The just-sold properties are the 274-unit Cherry Creek and 256-unit Winchester Place in the far northwest submarket.

TROY, MI-Two lease renewals/expansions and a new tenant have pushed an industrial park on Rankin Road in the area's far northwest sector to full occupancy.

PRESCOTT VALLEY, AZ-A metro investor takes over the Terraces at Glassford Hill, paying $23.5 million or $2 million less than the marketed price. The deal for the 97%-leased, three-year-old development requires assuming a HUD loan with a 2013 maturity.

HOUSTON-Richard Zigler is leaving his long-time position as O'Connor & Associates' managing director of market research and consulting to move on to other opportunities with a nationwide multifamily developer.

PHOENIX-Chamberlain Development takes title to land at the intersection of 75th Avenue and Buckeye Road in the southwest sector. Now, the decision is whether to build office, industrial or both.

PHOENIX-After two decades of building the local industrial portfolio, the private investor from Las Vegas rolls the properties into one loan. The $19.1-million refinance, representing a 60% LTV, has a 10-year term and 5.22% fixed-rate interest.

HUMBLE, TX-An independent nail shop takes down 1,064 sf with a five-year lease for Atascocita Plaza, where talks are under way with a prospect for the last available pad site.