PHOENIX-Desert Sun Moving Services bundles a 39-month lease for 7,763 sf in the Van Buren Commerce Park, taking its first location in Phoenix with a payout of $89,430 over the term in a ProLogis-owned buildng.

TOLLESON, AZ-London Land Co., paying $1.4 million for the acreage, will start courting fast-food franchises and retail developers for the northwest corner of 99th Avenue and Buckeye Road. Seller JCPenney had the property on the market for six years.

PHOENIX-City officials are set to sit down with some of the nation's biggest luxury hotel chains to talk over the plans for property near downtown's Civic Plaza. How to fund the project without using taxpayer dollars, however, remains the biggest challenge.

PHOENIX-Equus Realty Advisors scores a major coup when an aggressive leasing campaign woos back a physicians group that was planning to vacate. The $3.9-million lease is laced with reduced rent and an exceptional tenant improvement package.

SCOTTSDALE, AZ-In January, Fusion Marketing Partners takes over space in the Village at Hayden, a mixed-use retail and office complex not far from the firm's current location. The team, including outbound calling, gets a fivefold increase in the work area.

PHOENIX-Dennis Cesen and Kevin Kristick will bring more than 40 years of collective experience to the firm's latest venture. The pair will assist the new unit in providing businesses with funding solutions for financing asset purchases.

PHOENIX-A local couple sticks to their old turf to satisfy a 1031 Exchange requirement, spending $340,000 for the seven-unit 12th Street Apartments just a week after it went on the market. The two-bedroom units are bringing in a monthly average of $605.

PHOENIX-Mark-Taylor Residential is forging ahead on three luxury apartment communities in Glendale, Tempe and Chandler as the job market and population growth come together to spark a building boom. Deliveries are midyear to late 2004.