PHOENIX-Bull HN Information Systems Inc. reworks a pact with Lexington Corporate Properties Trust, inking a five-year lease with a $4.3-million payout for 89,000 sf less than it had in the class B office complex along Black Canyon Highway.

HOUSTON-Mini B Inc. plans to install the infrastructure and divvy the land for resale. The five-year owner from Dallas had the acreage on the market more than a year, getting a foothold in an area where dirt prices run $2 per sf to $2.50 per sf.

HOUSTON-Mini B Inc. plans to install the infrastructure and divvy the land for resale. The five-year owner from Dallas had the acreage on the market more than a year, getting a foothold in an area where dirt prices run $2 per sf to $2.50 per sf.

HOUSTON-Sanford Aron will close this month on a six-acre tract in the northwest submarket, picking up freeway-fronting land for the 28,2100-sf Shops at the Vintage. The plan is to break ground in the summer and deliver the retail space in early 2006.

PHOENIX-A 156-acre tract at the southeast corner of 7th Street and Deer Valley Road sells to a local partnership that plans to divvy the land and resell it for industrial build-to-suits. The recently rezoned tract has 78 developable acres.

LITTLE ROCK, AR-The retailer posts an adjusted net income of $55.9 million for its Q4 compared to $51.2 million in 2003's Q4.

SCOTTSDALE, AZ-After years of eyeing the asset, the Continental Group gets the deed, paying $23.2 million for a 94%-leased, class B complex. The seasoned converter, tackling his first project in his homeport, is fine-tuning the plan for Rancho Antigua.

HOUSTON-Pegasus International Inc. consolidates and expands with a long-term lease and sublease for class A space in One Eldridge Place. The firm, eyeing a July move-in, subleases half of the space from IBM Corp. and takes the balance with a direct pact.