HOUSTON-In an off-market deal, an institutional investor from New York City antes up $67.75 million for nine properties, five of which are in Houston and the balance in Dallas, Austin and San Antonio.

HOUSTON-In an off-market deal, an institutional investor from New York City antes up $67.75 million for nine properties, five of which are in Houston and the balance in Dallas, Austin and San Antonio.

SCOTTSDALE, AZ-Copper Rock LLC of Mesa beats three others with a $9.8-million offer to take title to the Pavillions, an 85%-leased, class B mix of one- and two-bedroom units now being groomed for condo sales.

SCOTTSDALE, AZ-Copper Rock LLC of Mesa beats three others with a $9.8-million offer to take title to the Pavillions, an 85%-leased, class B mix of one- and two-bedroom units now being groomed for condo sales.

HOUSTON-American-Hospice Inc. has opened another location in the Greater Houston area, signing a long-term lease for 5,792 sf of office space in the Westchase submarket. First-floor space and full build-out are the dealmakers.

PHOENIX-A Colorado investment group has taken advantage of market conditions, selling the 660-unit Concord Apartments to Concord Land Investments of Mesa. In keeping with today's trend, the new owner plans to convert the units into condominiums.

HOUSTON-Kagan Realty Investors sells the Interbelt Business Center, a multi-tenant, two-building complex that's 88% leased, to a group of local partners, South Texas Land. Industrial product in the immediate area is getting $38 per sf to $42 per sf.

PHOENIX-During escrow, ViaWest Properties inks a $2.84-million deal to flip the 9.6 acres to General Development Co. of Detroit, gleaning $1.15 per sf from the immediate handoff. The new owner plans to raise about 107,000 sf of spec industrial space.