HUMBLE, TX-SMC Holding LLC ponies up $11.9 million for the five-year-old Eagle Crest Apartments at 5303 Atascocita Rd. The buyer taps a new management company to help glean upside from a 93%-leased asset.

PHOENIX-Beam Reach Real Estate Fund beats out seven other potential buyers with a $7.6-million offer to purchase Siete Square I, III and IV, with 145,477 sf of class B space, from Century National Properties. With the sale, Century National exits Phoenix.

PHOENIX-Shirmar LLC trades several investment properties in the Golden State and acquires its first property in Arizona through a 1031 Exchange. The just-sold property is La Casa Apartments, a 95%-leased seniors housing complex.

HOUSTON-Remote Knowledge Inc. inks a 9,800-sf office lease for 3657 Briarpark Dr. in the Westchase submarket. The marine communications technology company is planning a February move from the Katy Freeway West submarket.

HOUSTON-After just two years of ownership, Atlanta-based Goddard Investment Group flips 411 N. Sam Houston Pkwy., a class B building that sold for close to its $10.5-million ask to Domain Properties Ltd. of Oklahoma City.

PHOENIX-Orsett Properties Ltd. decides to build on 17 acres held in abeyance about two years. The undertaking, Pinnacle Peak Commerce Center, will rise as a pair of office/warehouse structures totaling 211,635 sf.

TUCSON-The Bakersfield investor picks up her third deed in town, the 125-unit Las Casitas Village, in a continued exchange of her California assets for Arizona properties. Her new holding is a 92%-leased asset positioned in a revitalized neighborhood.

SCOTTSDALE, AZ-After just 30 days on the market, a 58,468-sf Plaza Cordoniz trades for $8.5 million to an investment group comprised of three family trusts from Tulare, CA., which rolls 1031 Exchange funds for its first buy in the Valley.