PHOENIX-Another 19,000 sf will roll out at the 17,000-sf Union Hills Central Center in Phoenix. Developer Michael A. Pollack kicks off the pre-leasing with a signed deal by Checker's Automotive, which is taking 6,300 sf for five years.

CLEAR LAKE, TX-The NASA-driven submarket of Clear Lake gets a hit from long-time tenant, Raytheon. The firm is relinquishing 22,500 sf of its 94,472 sf at the Raytheon Building, a 117,987-sf structure at 2224 Bay Area Blvd.

Beer distributor Hensley & Co. has paid $1.28 million for 12 acres of land in Prescott Valley to develop Big Sky Industrial Park. The new site is planned to house a 35,000 sf distribution facility.

The opening of the new mall in Prescott not only introduces 615,000 sf into the retail marketplace, but also marks the 51st project between developer Westcor and construction managers, The Weitz Co.

PHOENIX-The Ryan Building at Southbank in the Southbank Industrial Park at 3137 E. Elwood Road in Phoenix has sold for $13.25 million. The 122,535 sf, single story building was fully occupied at time of sale.

PEARLAND, TX-Former Mayor Bob Lanier's real estate company, Landar Corp., has purchased a 240-unit apartment complex in Pearland. The sales price was not disclosed, but the asking price was $16 million.

HOUSTON-Area real estate services giant, Stewart Title Co., is pairing up with real estate information technology firm, Rappattoni Corp. in a strategic alliance both sides hope will be the precursor to e-transactions for the real estate industry.

HOUSTON-A recent Julien J. Studley Inc. report claims that suburban office tenants looking for deal in midst of the Enron debacle are likely to be disappointed. The security of Houston's manufacturing, medical, engineering and high-technology industries will steady the market.