ARLINGTON - An apartment complex that fell out of escrow four times in the past year has finally found a buyer. Zee Properties of Pasadena CA paid 95 percent of the seller's $1.6 million asking price to take ownership of the Coronado/Hamilton House Apartments and will put several hundred thousand dollars into rehabbing the units.

PHOENIX - Despite decades high vacancies in both the apartment and office sectors, the city moved up four places in the rankings on an emerging trends report compiled by the Urban Land Institute and PricewaterhouseCoopers.

CHANDLER, AZ-The historic San Marcos Golf Resort & Conference Center, one of the first resorts to be developed in Arizona, has been put up for sale by its owners, Sunstone Hotel Properties. The firm says the property, the largest piece of real estate Downtown, is no longer of strategic importance.

ARLINGTON, TX-An apartment complex that fell out of escrow four times in the past year has finally found a buyer. Zee Properties of Pasadena, CA, paid 95% of the seller's $1.6 million asking price to take ownership of the Coronado/Hamilton House Apartments and will put several hundred thousand dollars into rehabbing the units.

PHOENIX - A Phoenix woman with a history of community involvement has been hired to head up fundraising for Summit Builders Charities. Ann Fusco, a former community relations manager, was picked to coordinate the volunteer charity program run by Summit Builders Construction Company.

FORT WORTH - A Railhead industrial building will be transformed into a tortilla factory under a long-term lease arrangement for 101,893 sf of space. The deal brought the property, a portion of which has remained vacant for about a year, to full occupancy.

ODESSA, TX-An exchange buyer turned 1031 proceeds into a recently built Family Dollar store, grabbing the 8,000-sf property just five days after it went on the market. The sale is just one of several Family Dollar stores up for grabs in the Fort Worth area.

EL MIRAGE, AZ-A local exchange buyer swapped some San Diego condos for a 22,938-sf recently built strip mall here, buying out the property's developer less than two months after the plaza was completed.