TEMPE, AZ-The city has until Feb. 20 to file a written response to MCW's claim that it had to default on an $11.8-million loan for Hayden Flour Mill because officials failed to fulfill obligations to the project. In July, the lender returned the property to the city.

GOODYEAR, AZ-Wal-Mart may be facing a challenge by local voters opposed to the construction of a super center in their community. The city recently blocked a petition drive for a referendum, opponents still have the option of taking the issue to the courts.

TUCSON-A California investment group, looking to diversify the portfolio, crosses into Arizona for the first time with an $11.5-million offer for the 330-unit Sandstone. The seller makes the deal fly by paying off the debt, allowing new financing to be placed.

PHOENIX-The languishing economy and a downturn in interest is forcing many golf course owners, especially in the Southeast, to hang "for sale" signs on greens. In Phoenix, a huge population boom and visiting golfers keep courses off the market, for now.

PHOENIX-Several prospective buyers were interested, but an Oregon group's offer of nearly $1.3 million won the face-off for the 92%-leased office complex. Intense buyer interest turned over the asset with just a two-week run on the market.

MESA, AZ-A three-building complex, once home to a True Value Hardware store, will become a retail and storage facility for a Valley homebuilder under a $1.1-million deal for a 24,450-sf building on 1.2 acres.

PHOENIX-The firm adds sales and leasing professionals in the land, industrial and office divisions. Joining the team are Gregg Sherman, Tyler Wilson, Blake Hastings, Patrick Sinnott, Timothy Brislin and Kent Hanson.

PHOENIX-The winner is Jack Ernandez of Long Beach, who gets the fully leased Ahwatukee Commons for about $4.2 million. The area's high cap rates are the draw for competition jumping the California line for commercial real estate plays.