HOUSTON-Execs during the company's Q3 earnings call discuss the continuation of cuting back on non-core assets.

PHOENIX-A limited liability company from Southern California stakes its first claim in the Valley, spending $5.6 million or roughly $100,000 less than the ask for the 45,125-sf Village Centre.

PHOENIX-A limited liability company from Southern California stakes its first claim in the Valley, spending $5.6 million or roughly $100,000 less than the ask for the 45,125-sf Village Centre.

PHOENIX-Jutzi Properties meets the $700,000 ask to take a Tempe investor's only commercial asset off his hands. The 20%-leased, multi-tenant structure, built in 1961, sits on less than acre along Camelback Road.

BIRMINGHAM, MI-Larson Realty in Farmington Hills adds to its portfolio with the purchase of a 1970s-constructed 7,715-sf freestanding neighborhood office building.

MESA, AZ-MG Properties buys its second asset in a year, the 460-unit Indian Springs Village Apartments for $24.8 million and plans to spend another $1.38 million to upgrade the class C apartments. A third complex is under contract.

HOUSTON-If all goes as planned, the association will be breaking ground in the first quarter on a two-acre tract in Westway Park. Sources say the construction costs for the 18,000-sf office building are pushing $2 million.

GILBERT, AZ-Specialty Autosound Manufacturing Inc. pays $1.15 million for a recently completed building in a plan to occupy half of the flex space and find a tenant for the balance.