PHOENIX-Rieskamp Equipment signs a five-year lease for 10,088 sf that allows it to blend detergent. The move brings about 4,000 sf of extra operating space and keeps the employer within miles of its old address.

CHANDLER, AZ-A block of run-down buildings will be razed to make way for 60 townhouses and 36,000 sf of retail and office space on a six-acre tract at the corner of Chandler Boulevard and Arizona Avenue.

PHOENIX-The Illinois company gets a buyer after a year of marketing and lowering the price twice for a 13,970-sf industrial building at 3145 W. Lewis St. Once planned to be a telecommunication operation, it will now be used for a landscaping business.

KINGMAN, AZ-El Capitan Precious Metals will swap 1.2 million common shares for mining rights to a $150-million-plus treasure chest of gold, silver, zinc and lead reserves. The buyer, in turn, is seeking a $650-million minimum for a New Mexico mine.

PHOENIX-Ashley Brooks Jr. and Keith Lambeth are accorded senior vice president titles while Charles Miscio is named vice president and James Bayless, senior associate. The four will continue to ply their specialty, office market leasing and sales.

TUCSON-The Denver-based repair business crafts a 10-year lease with a Carlsbad, CA investor who buys a 14,000-sf industrial building on 3.2 acres at 1402 E. Vincent Highway. A good return and stable tenant are the deal-makers, the broker says.

MESA, AZ-A Mesa couple writes the check for 134 E. Broadway Rd., getting a new location for their auto repair business with a retail showroom facing the street. The seller shaves the price $50,000 for an asset up for grabs for nearly a year.

PHOENIX-California buyers are border jumping to metro area for multifamily buys, getting in some cases double returns on their investments. The exodus pushes the city to third place in a recent study of the top five buyers' markets.