PHOENIX-The Hewson Co. ramps up construction with 5% of the condos pre-sold in the Indian School Professional Plaza, a 54,630-sf development ticketed for the northwest corner of 91st Avenue and Indian School Road.

SCOTTSDALE, AZ-Private investors from Baraboo, WI, buy a multi-tenant office building for $1.4 million to end a 15-year hold for Chestnut Realty of Lincolnwood, IL. The East Morgan Trail building was 96% leased at closing.

APACHE JUNCTION, AZ-A manufactured housing community owner uses a 178-lot asset as the collateral for a $4.5-million, nine-year loan that allows the borrower to pull out money so he can invest it elsewhere.

PHOENIX-Jack in the Box makes a 10-year commitment to double its footprint in the Valley, taking down recently completed spec space in the Riverside Distribution Center in West Phoenix. The fast-food chain plans to move in next month.

TEMPE, AZ-Pegasus Window Corp. exercises expansion rights after spending just one year at 550 W. Southern Ave. Talks rework the pact, add 35,100 sf for a total of 131,500 sf and deliver a six-year term with a $2.2-million payout.

SCOTTSDALE, AZ-Host Marriott Corp. knows all too well the upside to be gleaned from the 270-suite Scottsdale Marriott at McDowell Mountain, a premier property with few competitors and a foothold at the epicenter of a rapidly growing office market.

SCOTTSDALE, AZ-Host Marriott Corp. acquires the Scottsdale Marriott at McDowell Mountains for $57.5 million. The hotel, located in the Scottsdale Perimeter Center, opened in 1999 and features 270 two-room suites.

CASA GRANDE, AZ-After searching six months for a rail-served facility, a steel pipe manufacturer acquires a 127,731-sf warehouse facility for $3.1 million. The manufacturer, Bull Moose Tube Co., plans to hire 50 to 60 people.