PHOENIX-Catholic Healthcare West, which operates St. Joseph's Hospital, frees up some space on its medical campus by leasing 24,000 sf of office space in Great American Tower. The six-year deal is worth $3.7 million and brings the 334,660-sf, class A building to 83% occupancy.

PHOENIX-Ahwatukee Apartments LLC pays $50,000 more than the $11.5-million list price to win the class B Villa Marbella, a 20-year-old complex primed for a repositioning. At least a dozen would-be buyers had lined up for the value-add play.

HOUSTON-Tarragon Corp. beats out more than 15 potential buyers in pursuit of the Lofts on Post Oak in the Galleria submarket. The New York City-based condo converter gets a 95%-leased, two-building residential complex primed for resale.

HOUSTON-Tarragon Corp. beats out more than 15 potential buyers in pursuit of the Lofts on Post Oak in the Galleria submarket. The New York City-based condo converter gets a 95%-leased, two-building residential complex primed for resale.

PEARLAND, TX-The Springfield, MO-based outdoor retailer inks a pact for more than 15 years for the Promenade Shops at Shadow Creek. The Bass Pro Shops, eyeing a fall 2007 opening, is the first tenant to commit to the 800,000-sf development.

PEARLAND, TX-The outdoor retailer inks a pact for more than 15 years for the Promenade Shops at Shadow Creek.

PEARLAND, TX-The Springfield, MO-based outdoor retailer inks a pact for more than 15 years for the Promenade Shops at Shadow Creek. The Bass Pro Shops, eyeing a fall 2007 opening, is the first tenant to commit to the 800,000-sf development.

PHOENIX-Fenway Properties makes its first acquisition in the Valley, paying $6.7 million for the 90,975-sf Westwood Office Center. The buyer was one of two unsolicited offers for the half-filled, class B office complex.