TEMPE, AZ-In an off-market deal, First National Bank of Arizona buys a 234,446-sf building on 27 acres in Fountainhead Park. A phased-in move is planned for the mortgage and bank operations and the IT staff.

PHOENIX-Startup T&A Motorsports grabs 3,740 sf for three years along West Deer Valley Road while Garringer Painting taps 2,600 sf for five years in the artery's eastern corridor.

PHOENIX-Stickman Properties of Woodland Hills beats 18 others across the finish line for the Villas Monterosa with a $4.2-million high bid. The deal hinges on the ability to assume a $3.2-million loan held by a Southfield, MI lender.

CHANDLER, AZ-Fairfield Residential's 392-unit Stonebridge Ranch passes to a San Diego limited partnership placing the highest offer out of 25 for the freeway-fronting asset. Nine months of marketing builds in time to lift occupancy to 90%.

CHANDLER, AZ-In a swift trade, Mark-Taylor and Ameriton Properties sell the 332-unit San Cierra to a first-time Arizona buyer with $100 million to spend by year's end for three multifamily properties in the metro. The nod goes to a bid preempting the offer deadline.

CHANDLER, AZ-Michael Pollack breaks ground on a 103,000-sf first phase as the leadoff play for the junction of Arizona Avenue and Elliott Road. Costs aren't firmed up, but build-out could bring up to 313,000 sf of office, industrial, showroom and retail.

PHOENIX-Marking its first spot in Arizona, a Southern California designer of light-weight, high-strength exhibit materials plunks down about $1.2 million for a 21,037-sf industrial building in the central airport submarket.

PHOENIX-Engineering firm, WLB Group, adds 1,454 sf to push the office to 7,760 sf at 333 E. Osborn Road, where Camelback Title Agency is waiting to fill a 2,762-sf office. The combined payout is $598,054 over the terms.