DEER VALLEY, AZ-Well-known Valley developers George Bell and Stephen Weiss have paid $7 million for 19 acres with Interstate 17 frontage, setting up a plan to build 275,000 sf of for-sale space. Construction could start in six months.

HOUSTON-After a couple false starts by other potential buyers, a San Diego partnership racks up a win for 42,063 sf of 96%-leased shop space in the grocery-anchored Coles Crossing. The Denver seller gets close to the $10-million ask for the retail.

PHOENIX-The Carlsbad, CA investor zeros in on a single-tenant, net-leased asset as its hot pick to deploy gain from a 1031 exchange. The asset changes hands for $1.3 million, with Woodcase Fine Cabinetry Inc. as the long-term tenant for the space.

TUCSON-A dozen would-be buyers fight to claim 40,087 sf of the 237,018-sf Costco Plaza. Huntington Beach, CA-based Bay Shore Oil Co. wins the face-off with a $6.3-million bid and a 20-day due diligence.

HOUSTON-KC Venture Group LLC, which focuses on multifamily properties, sets up the first office outside its hometown to push a plan to invest upward of $100 million. Susan Pohl is the new VP of acquisitions for the Midwest, Southeast and Southwest.

HOUSTON-KC Venture Group LLC, which focuses on multifamily properties, sets up the first office outside its hometown to push a plan to invest upward of $100 million. Susan Pohl is the new VP of acquisitions for the Midwest, Southeast and Southwest.

SCOTTSDALE, AZ-The 332-unit Cortesian, a class B complex with a prestigious Camelback Road address, garners more than 20 offers before trading to a Tucson-based investment group for $28.1 million, roughly $1.6 million more than the list price.

SCOTTSDALE, AZ-The 332-unit Cortesian, a class B complex with a prestigious Camelback Road address, garners more than 20 offers before trading to a Tucson-based investment group for $28.1 million, roughly $1.6 million more than the list price.