HOUSTON-The Santa Fe, NM-based owner does the wheeling and dealing for two Northwest Freeway office buildings totaling about 400,000 sf. BGK Properties owns 34 properties in Texas, of which 18 are in Houston.

TEMPE, AZ-The 400-unit complex goes to a Dallas-based buyer of university housing. Ten solid buyers had lined up for the Trammell Crow Residential property near the Arizona State University campus.

HOUSTON-The elite Galleria/River Oaks submarket attracts Campbell, George & Strong to an office in the 13-story Chase Bank. The deal takes the BMS Management-owned building above 87% occupancy.

PHOENIX-After leasing a North Black Canyon property for two years, Desert Cove Woodworks decides to buy the 19,566-sf industrial holding. Sellers Orville and Bonnie McCullie of Phoenix are retiring, says the broker.

SCOTTSDALE, AZ-Ground breaks in August, with delivery set for Fall 2003, on a high-end clubhouse for Terrabrook's Mirabel development. The 34,000-sf finished product will tap Frank Lloyd Wright's school of thought.

HOUSTON-With finish-out wrapping up, the communications giants put signatures to the acquisition of a 30,000-sf building and near three-acre tract in Westway Park. The build-to-suit will house Houston's 24-hour news channel.

PHOENIX-Art Wholesalers, on a steady growth chart, finds a larger spot to meet its demand. The operation signs a 6 1/2-year lease for a single-tenant building near the Chandler Fashion Center. The operation will relocate from Gilbert.

HOUSTON-A European insurance conglomerate secures a tenant for its 10th-floor spot at 11700 Old Katy Rd., a three-year-old office building owned by Mac Haik Management. The incoming sublease tenant is a supplier for the oil and gas industry.