CHANDLER, AZ-A 1031 exchange buyer from San Francisco pockets the deed to Valle del Sol for $5.5 million. The buyer deploys capital from a residential lot sale in Hawaii into a 60%-leased asset shadow-anchored by LA Fitness.

TEMPE, AZ-The 54-unit Tamaron Apartments trades for $4.4 million to deliver one of the highest per unit prices in the city. The new owner, turning around 1031 exchange gain, gets a fully leased, class A complex for 99% of the ask.

HOUSTON-BRG Cornerstone takes on a 9,000-sf office/warehouse just to get its hands on the land. The developer, paying close to $625,000 for the building and 7.2 acres, plans to raise four spec industrial buildings totaling 48,000 sf.

SCOTTSDALE, AZ-Grace Communities plans to break ground this year on the 140-unit Portales Place. The developer has just parted with $18 million for the 9.7-acre tract adjacent to the 1.8-million-sf Scottsdale Fashion Square Mall.

SCOTTSDALE, AZ-Grace Communities plans to break ground this year on the 140-unit Portales Place. The developer has just parted with $18 million for the 9.7-acre tract adjacent to the 1.8-million-sf Scottsdale Fashion Square Mall.

HOUSTON-Creekstone Partners, partnering with US Advisors, snatches the Energy Corridor complex in an off-market transaction from Sueba USA Corp. An industry expert pegs the class A sale of the 93%-leased holding at $48 million.

HOUSTON-Creekstone Partners, partnering with US Advisors, snatches the Energy Corridor complex in an off-market transaction from Sueba USA Corp. An industry expert pegs the class A sale of the 93%-leased holding at $48 million.

TEMPE, AZ-BNB Partners shells out $9.6 million for the 172-unit La Quinta Apartments, beating three others in the running for the 92%-leased asset. The Lake Oswego, OR-based buyer gets its first foothold in the Valley with the buy.