PHOENIX-In a major push into the Phoenix market, San Diego-based Mor Furniture will open three new stores in the Valley by next year. The first will open in February under a 10-year sublease agreement with Circuit City.

PHOENIX-An apartment complex with city light views and nearby hiking trails brought an unsolicited $1.8 million offer that won a California investor the title to a 32-unit apartment complex adjacent to Phoenix's North Mountain Preserve.

PHOENIX-For the first time in three quarters, the office market posts a positive absorption, 400,000 sf, with West Phoenix and Tempe leading the metro's submarkets. Still, vacancy overall is 20.5% and the CBD is averaging 19.9%.

GILBERT, AZ-The 92,814-sf center delivers on an 11-acre tract in the heart of a retail-starved sector of Power and Queen Creek roads. A 56,930-sf Albertsons anchors a plaza with national names on the roster.

PHOENIX-Arizona Shutter Source will pay out $249,000 over the term for the freestanding industrial building at 1468 N. 26th Ave. Rreef gets a triple-net lease and the tenant gets McDowell Road visibility.

MESA, AZ-The Salt Lake City-based America's Very Important Pooches pens a five-year lease for 4,800 sf to mark its entry into the metro Phoenix market. The lease for 916 E. Impala is valued at $223,440.

PHOENIX-Buyer JT&T Investments pays $1.8 million for the first-floor suite in the 21,000-sf office building along 52nd Street. The buyer, in turn, is leasing the condo for the long term to Enterprise Technology Services.

PHOENIX-Stephanie C. Davis and Paul Holland become part of the Colliers International retail division in Phoenix. The real estate veterans are regulars on the "top retail producer" roster for the region.