PHOENIX-Future Logic has penciled a December move-in to 31,100 sf of flex space, inking a deal with a $2.7-million payout over the term. The company, now leasing about 7,000 sf in Tempe, has carved a plan to shift manufacturing from California as well.

PHOENIX-Jim Crews hit the streets a month ago in a first-time broker's role after 15 years in the multi-housing industry. The seasoned exec, now a C&W director, takes the lead on drumming up listings and buyers in Las Vegas, Tucson and Albuquerque.

HOUSTON-This week's handoff of the 466,025-sf One Westchase Center has sources at odds over the closing price. Some sources still say it pushed $70 million and others are saying it was more like $45 million. As for buyer and seller, they're tight-lipped about the price.

DALLAS-Late yesterday afternoon, the decision was made to take the reins to the 1.2-million-sf JPMorgan Chase Tower from developer and one-time owner, Trammell Crow Co. Stream Realty not only sidelines TCC, but outplays Capstar and Jones Lang LaSalle.

PHOENIX-Parkway Properties, chasing the deal for more than two years, gets the 287,000-sf Squaw Peak Corporate Center. The challenge lies in dealing with a mortgage bearing an 8.1% interest rate so it can position the property for a JV buy-in.

DALLAS-McCord Development Co. of Houston outbids five others for the Village Square Apartments in South Dallas. The quietly marketed sale of the 88%-leased asset is just one of several that McCord's picked up in the neighborhood.

DALLAS-Another 106 notices were tacked up on commercial properties for the Sept. 7 sale. In the five-county analysis, Dallas leads its peers while multifamily product headlines the roster. Vintage properties are the culprits, says a leading market watcher.

PHOENIX-Fairfield Residential sells the two-year-old Palazzo Townhomes, 214 luxury units at the city's eastern gateway. A San Diego investor with 1031 exchange capital marks her first buy in the metro with the 95%-leased asset.