SCOTTSDALE, AZ-Three developers break ground on the first phase of the 1.1-million-sf project. The first phase will include 200,000 sf in a 50-50% split between retail and office space while subsequent stages will add a pair of 13-story condominium towers.

PHOENIX-Danny McKone and Jack Samuelson join forces to develop and acquire retail, industrial, office and multifamily assets in the Valley. The newly christened Samuelson-McKone company begins with a 28-acre tract in escrow.

MESA, AZ-The Zaremba Group spends $2.5 million for 17 acres, getting a market inroad for a plan to build a 280-unit, class A multifamily development. The deal takes more than a year to bring to fruition, but Zaremba's patience pays off.

TEMPE, AZ-Marcus & Millichap Capital Corp. pulls a conduit loan out of its hat to finance an empty retail center sold to 14 tenant-in-common investors. RBS Greenwich Capital provided the $5.8-million loan.

PHOENIX-California buyers pick up the 19,000-sf Tatum Ranch Shopping Center, paying $5.5 million for a new piece of real estate in a high-growth residential area. The asset, not yet stabilized, is at least 75% occupied and steadily climbing.

CHANDLER, AZ-Countrywide Financial Corp. delivers the 2,500-job win to the Chandler Commons Office Park after pruning the roster to Las Vegas, Plano, TX and several cities in Florida. Next, two more class A buildings will rise on the campus.

PHOENIX-Sun State Builders returns to CalMat Properties for more land right across the street from its University Center industrial development. The just-bought acreage is being laid out as Sky Harbor Commerce Park, with up to 3.7 million sf of build-to-suit space.

DALLAS-Taco Bueno locks in a sizable loan from a franchise specialty lender to downsize debt, improve cash flow and continue to grow the 130-location chain. The deal takes about 60 days to ink.