MESA, AZ-One of Mesa's most popular Mexican restaurants, Rancho de Tia Rosa, will stay at its present location even though the two-building property has been sold. The restaurant owners sign a 20-year lease as part of the $2.7-million trade.

TEMPE, AZ-City officials are considering a $22.7-million proposal from Big League Dreams USA to build a multi-use sports complex on 48 acres as a lure to draw sports fans back to the city after the loss of the Arizona Cardinals and the Fiesta Bowl to Glendale.

TEMPE, AZ-Arizona State University and the ASU Foundation will get new administrative offices with a $43.5-million, mixed-use project. The development, which delivers in December 2004, calls for 140,000 sf of office space and 15,000 sf of retail.

TOLLESON, AZ-A developer searching for residentially zoned land along the Interstate

CHANDLER, AZ-Superior Products Corp., an Arizona-based real estate investment firm, puts down $1.4 million for 400 E. Ray Rd. after negotiations cut $500,000 from the industrial property's original asking price.

CHANDLER, AZ- An all-cash buyer looking for a low maintenance investment bests three other bidders by paying full price for a newly built LA Fitness Center located in Chandler.

PHOENIX-Just two years after purchasing an 85,000-sf industrial property as part of a larger portfolio, Lincoln Property Co. sells the building to a California group looking for larger accommodations for an affiliate.

PHOENIX-A New Mexico investor places a $9.7-million offer before the 61,718-sf Biltmore Pavilion can hit the market and after it reaches 94% occupancy. The prestigious location and leasing level deliver a comfort zone for the long term.