CHANDLER, AZ-The offering for the 140-unit complex brought out some heated competition to deliver a closing price that came within $50,000 of the ask. A California investment group wins the 80%-leased complex at Loop 101 and Chandler Boulevard.

PHOENIX-Orix Alliant is gaming out the development roster for land bought in recent months from Marriott Corp. First, it sells 3 1/2 acres to Circuit City and then signs Eckerd, Chipotle and Coffee, Tea & Bean to plaza leases.

GOODYEAR, AZ-At least six offers rolled in for the 264-unit Palm Valley Luxury Rentals, but the brass ring went to a first-time metro Phoenix buyer. Investcorp's newest acquisition was 94% occupied at sale time.

PHOENIX-The Butler Co. has March marked for a move into 10,806 sf of industrial space at 4635, W. McDowell Rd. The rate and location were the determining factors for the three-year signing, the broker says.

PHOENIX-IEA Investments Properties, planning to be a hands-on owner, takes over the 8,100-sf shopping center at 3750 W. McDowell Rd. on Phoenix's west side. The upside will come with a facelift to make it more profitable for owner and tenants alike.

SACATON, AZ-The 21,052-sf structures will go up on eight-acre tracts in Sacaton and Gila Crossing in the Gila River Indian Community. The early education centers will deliver in late 2004.

CHANDLER, AZ-The local grocery chain spins a closing in 40 days for about 11.2 acres, the last large parcel near its headquarters and distribution facility. For now, there are no building plans for the corner of 56th Street and Chandler Boulevard.

AVONDALE, AZ-The retailer has reserved 88,302 sf in the 250,000-sf Alameda Crossing, the latest undertaking by SunCor Development. Kohl's will unlock the doors in October, one of 10 stores it has planned for the Valley.