PHOENIX-Geneva Holdings LLC plans to develop condos near the north end of the Adobe Golf Course at the Arizona Biltmore Country Club. The condos will range from 1,700 sf to 4,800 sf and sell for $700,000 to $3 million.

PHOENIX-Geneva Holdings LLC plans to develop condos near the north end of the Adobe Golf Course at the Arizona Biltmore Country Club. The condos will range from 1,700 sf to 4,800 sf and sell for $700,000 to $3 million.

PHOENIX-Sigma Foods signs a five-year lease for 12,619 sf of industrial space in Lincoln Commerce Park for its first distribution facility in the Valley. The keys change hands in April.

PHOENIX-Industrial specialist John Werstler, a 23-year professional, and Darren Pitts, western region director for retail corporate services, are named senior vice presidents.

HOUSTON-Total Premier Services is planning a March move-in to 11,959 sf in Bridgewood I, signing a long-term lease for a northwest location closer to employees' homes and making an early exit from the Greenway Plaza submarket.

JACKSONVILLE, FL-JVs have proven very profitable for the retail REIT.

TUCSON-Diamond Ventures secures $9.6 million in an open-ended package that would allow a redevelopment of part of the land if the tenant vacates a 9,000-sf building. Collateralizing a 10-year loan is a 98,789-sf, two-building complex.

HOUSTON-The 10-year loan pays off a construction financing for Cypress Mill Plaza I, a 116,085-sf, shadow-anchored center. The center is 92% occupied by national tenants like Hobby Lobby and RadioShack.