GLENDALE, AZ-A savings and loan subsidiary purchases 7.6 acres in the Talavi Business Park for $1.8 million for development sites for build-to-suit and speculative flex office/industrial projects. The deal marks the buyer's entrance into the Phoenix market.

TEMPE, AZ-A Tucson group pays $16.6 million for the five-building Hayden Square to the LAFP, the investment fund for L.A. police and firefighters. The 3.6-acre complex, coming off a renovation and repositioning, trades at a 97% occupancy.

PHOENIX-Goodman Distributors lines up a third location in the Valley, signing an 11,773-sf lease with a $365,000 payout over the term. The distribution location, picked for its proximity to the others, will be ready to occupy in 10 to 12 weeks.

MESA, AZ-Homestead Creations of Salt Lake City marks its first expansion outside Utah with a lease in Mesa South Center. The deal, valued at more than $7.50 per sf, boosts a 50%-leased center to 93% occupancy.

SCOTTSDALE, AZ-DBL Distributing switches gears before a 144,582-sf distribution build-to-suit delivers and opts to buy rather than lease. The firm, which signed a five-year lease last year, is eyeing a late August move to the three-building, office/warehouse complex.

PHOENIX-Baptist Hospital's turnaround is starting to send lease rolls upward for medical office buildings in West Phoenix, driving one California investor to seize the opportunity to buy the 46,974-sf Arizona Medical Plaza.

SCOTTSDALE, AZ-The Estetica Cosmetic & Reconstructive Surgery center will set up shop in a 5,400-sf condo bought from Shea Commercial. The 9450 E. Ironwood Square Dr. property closes at roughly $100,000 less than the ask.

PHOENIX-With the assumption of a $7-million loan as the only barrier to purchase, a local buyer scoops up the 91-unit Canyon View in the South Mountain Preserve for $98,901 per unit, paying the second highest price per door so far this year.