GILBERT, AZ-Archstone-Smith, taking advantage of the burgeoning market and demand for rental housing, picks up tracts 13 acres in Gilbert and 10 in Glendale to develop multifamily housing complexes.

FERNDALE, MI-Detroit Pump and Manufacturing will relocate from its Detroit offices to renovated space with the inking of a 16,100-sf long-term deal. The company will relocate to its new space, located at 450 Fair St., during the second quarter of 2006.

HOUSTON-Finishing out this year's sales activity, AmREIT disposes of an eight-property, 90,602-sf portfolio for $14.7 million while its merchant development division sells two retail holdings for a combined $5 million.

HOUSTON-Finishing out this year's sales activity, AmREIT disposes of an eight-property, 90,602-sf portfolio for $14.7 million while its merchant development division sells two retail holdings for a combined $5 million.

HOUSTON-Finishing out this year's sales activity, AmREIT disposes of an eight-property, 90,602-sf portfolio for $14.7 million while its merchant development division sells two retail holdings for a combined $5 million.

TROY, MI-A local entity made up of a business owner and design buys the 20,680-sf 1250 Maplelawn. The office property sells for $1.6 million after sitting on the market for six months.

TEMPE, AZ-The Garrett Group of Temecula, CA snags the 105,093-sf Acacia Court, a class A, two-building complex with a 94.24% occupancy. A new long-term lease from a lead tenant sweetens the exchange of the five-year-old asset.

TEMPE, AZ-The Garrett Group of Temecula, CA snags the 105,093-sf Acacia Court, a class A, two-building complex with a 94.24% occupancy. A new long-term lease from a lead tenant sweetens the exchange of the five-year-old asset.