PHOENIX-Tejon Ranch bids adios with the $10.5-million sale of a 101,482-sf industrial trio to Brookhill Corp. of Santa Monica, CA. The eight-year-old buildings, part of the Quads at Eastbank project, are fully leased.

HOUSTON-The Dallas-based Blockbuster will use its share of the warehouse to distribute videos and games for its online service, which drops off DVDs on customers' doorsteps. The five-year lease takes 3729 Yale St. to 100% occupancy.

GLENDALE, AZ-The entitled acreage at the junction of 91st Avenue and Glendale Avenue sells to a private investment group, which plans to divvy the land into parcels for resale. One contract's in hand for 30 acres and talks have begun for a 50-acre carve-out.

HOUSTON-Taking advantage of its first right of refusal, the city's largest office owner puts the 1.2-million-sf ChevronTexaco Tower under contract. The deal, which could top $200 million, is expected to close this week.

PHOENIX-A Scottsdale investor tires of apartment investments and moves into the office sector, spending $1.9 million for a 1980s-era building with a 72% occupancy. To make the close, the seller guarantees rent for the vacant space for 18 months.

SCOTTSDALE, AZ-A 60% vacant, flex-industrial building garners $2.5 million from a local investment company that plans to dump more than $500,000 into the 40,000-sf structure to reconfigure it.

HOUSTON-As planned, Crescent Real Estate Equities Co. sells 5.3 acres in front of the George R. Brown Convention Center for $100 per sf to the city. The parcel is adjacent to the 5.5 acres that the REIT sold to the city two years ago.

MATTHEWS, NC- Expenses related to Family Dollar's strategic plan implementation cause net income to plunge.