GILBERT, AZ-Life Time Fitness acquires land in Gilbert as it preps to open its first metro location in Tempe. The plan is to build a 110,000-sf center on the southeast corner of Gilbert and Warner roads.

SCOTTSDALE, AZ-DaVita Inc. of California settles on a 10,382-sf office at Highland Park in Scottsdale's central corridor. The plan is to cut the ribbon in January 2003. Cavan Commercial and C&W broker the terms.

HOUSTON-A 7.3-acre tract in Sugar Land will house the region's fourth Mercedes-Benz dealership while a Northwest Houston parcel, totaling 5.3 acres, is the next site for Parkway Chevrolet.

MESA, AZ-The 204-unit Indigo Springs has been acquired by a group of tenants in common. The seller is an entity of Gray Development, which built, stabilized and sold the complex it in a three-year period.

HOUSTON-The faces behind the firm are Scott Weaver, Nat Davis III and G. Peter Jacob. And the focus is retail, from development through lease-up. Due diligence is underway on six suburban tracts for their development traction.

HOUSTON-Investment Property Exchange is laying the groundwork for a mixed-use development that has 38 acres dedicated to retail development, 20 acres marked for mini-storage and the balance going for residential lots.

PHOENIX-LGE Corp. kicks off the project for Angelica Textile Services, a primary laundry service for the health-care industry. The factory will add 100 jobs to the region when it delivers in spring 2003.

PHOENIX-The Cave Creek-Tatum Road area in the city's northern tier gets its first city services' building--a 15,000-sf library. Ground will break in first quarter 2003, with delivery planned for summer 2004.