TEMPE, AZ-The firm didn't have to roam far to find the expansion space that it needed. The five-year lease covers 40,000 sf in a building just 150 yards away from its old address. Expansion room, freeway exposure and aggressive pricing close the deal.

CHANDLER, AZ-The bank pays more than $8 million to two landowners for the northwest corner of Queen Creek and Price roads in Chandler. By May, ground will break on 550,00-sf first phase to a planned 1.2-million-sf corporate campus.

TEMPE, AZ-The firm didn't have to roam far to find the expansion space that it needed. The five-year lease covers 40,000 sf in a building just 150 yards away from its old address. Expansion room, freeway exposure and aggressive pricing close the deal.

PHOENIX-Phoenix Life Insurance Co. and Duley-Bowlar Insurance both exit the Royal Biltmore in the Camelback Corridor for the fourth floor of the Paradise Valley Corporate Center. The firms sign five-year leases for a combined 8,979 sf.

PHOENIX-Deer Valley Unified School District will use the two-building, 89,595-sf project as its printing plant plus provide some extra warehouse space. The district gets some tenants in the take-over, but they will be gone in about a year.

PHOENIX-Eastbourne Investments of Williamsville, NY, buys 8 1/2 acres or the northeast corner of 67th Avenue and Lower Buckeye Road. The land speculator's team heads out the door to woo retail developers as soon as the ink dries.

PHOENIX-Greater Phoenix Income Properties, owner of the 274-unit Desert Sky complex, slides in to grab the sister complex within two days of the owner's decision to sell. With the quick reaction, the 216-unit Desert Wind never hit the market.

PHOENIX-Four of the six buildings are already sold, bringing in $200 per sf for developer DKS Development of Phoenix. The two-story shells of 7,743 sf are going up on the southwest corner of Marilyn and 71st streets.