PEARLAND, TX-Creekstone Partners secures a $21.8-million loan and picks up equity from a TIC syndication to acquire the Reserve at Tranquility Lake. The 10-year loan, which amortizes over 30 years, was floated at a 5.22% fixed-rate interest.

PEARLAND, TX-Creekstone Partners secures a $21.8-million loan and picks up equity from a TIC syndication to acquire the Reserve at Tranquility Lake. The 10-year loan, which amortizes over 30 years, was floated at a 5.22% fixed-rate interest.

SCOTTSDALE, AZ-In a move to consolidate its locations in the region, SHPS Inc. agrees to a 10-year lease for Opus Calendar Stick A, a just-completed building in the Opus Calendar Stick Business Park. Move-in is planned for February.

SCOTTSDALE, AZ-In a move to consolidate its locations in the region, SHPS Inc. agrees to a 10-year lease for Opus Calendar Stick A, a just-completed building in the Opus Calendar Stick Business Park. Move-in is planned for February.

DETROIT-The Q3 2005 report issued by Colliers International shows continued good news for industrial and flex space. A decrease in vacancy and an overall increase in absorption is a key indicator of the Motor City's turn in fortune.

WARREN, MI-A long-time steel manufacturer expands its operations with the purchase of a 78,149-sf freestanding industrial building for $1.8 million. Scion Steel, a division of Scion Inc., purchases the property as part of an expansion effort.

PHOENIX-A limited partnership from West Springfield, MA gets the winning offer on the first day that the 203-unit Canyon Springs Apartments comes to market. The win goes to a Corvalis, OR investor, who owns two other multifamily properties in the area.

SAN ANTONIO-Outbidding its competitors in an un-priced offering, Weingarten Realty Investors pays $9.45 million for an 85%-leased office/warehouse, which hits the market as part of a fund dissolution by ITW Mortgage Investments III Inc.