PHOENIX-Namwest LLC buys land in the Deer Valley submarket to develop commercial sites, which could be ready for resale in the summer. The developer's next move will be to pump $5 million to $6 million into infrastructure improvements.

PHOENIX-Namwest LLC buys land in the Deer Valley submarket to develop for future commercial sites, which could be ready for resale in the summer. The developer's next move will be to pump $5 million to $6 million into infrastructure improvements.

PHOENIX-Namwest LLC buys land in the Deer Valley submarket to develop commercial sites, which could be ready for resale in the summer. The developer's next move will be to pump $5 million to $6 million into infrastructure improvements.

HUMBLE, TX-Sources say the new owner of the Sierra at Fall Creek has to come close to the $22.4-million sticker on the class A complex to beat the competition. In closing the deal, the investor gets an inroad to the region and a 99%-leased, one-year-old asset.

HUMBLE, TX-Sources say the new owner of the Sierra at Fall Creek has to come close to the $22.4-million sticker on the class A complex to beat the competition. In closing the deal, the investor gets an inroad to the region and a 99%-leased, one-year-old asset.

PHOENIX-A Seattle owner taps Lincoln Property Co. to manage 196,413 sf of its industrial property. Lincoln takes over the contract from First Industrial Realty, which sold the property to First Commons I LLC in mid 2005.

PHOENIX-A local manufacturer expands its operations with the acquisition of a 12,630-sf freestanding property. Quick industrial sales are all the rage in Phoenix these days, says one aea broker.

HOUSTON-A 200,000-sf lease for Mustang Engineering is the catalyst for groundbreaking on the 250,000-sf, five-story 10 West Corporate Center. Officials at Opus West say construction will begin in the next 60 days.