PHOENIX-The 41,956-sf Parkvale Medical Building on the Maryvale Hospital campus passes from one California investor to another with 1st London picking up title to a 96%- leased asset at 4616 N. 51st Ave.

SCOTTSDALE, AZ-The local franchisee for Waco, TX-based Curves International Inc. opens a second location, 2,333 sf, signing a five-year lease in the Mercado at Scottsdale Ranch, a grocery-anchored center in a fast-growing suburb.

SCOTTSDALE, AZ-A Scottsdale investor lays down about $4.8 million with Rowland Cos., a builder of medical and church properties, which plans to deploy the gain from Sonoran Corporate Center IV into expanding its Texas operations.

GLENDALE, AZ-The Corte Freccia, a class A retail and office project, gets off the ground with a $4.3-million loan and nearly 50% pre-leasing. The 24,751-sf building is set to doors in September.

PHOENIX-A Washington state investor closes its first Phoenix deal, paying $9 million for the 64-unit Pavilions on Camelback to a Gray Development-affiliated seller. The 95%-leased complex boasts an average rent just north of $1,300 per month.

PHOENIX-Glendale, CA-based Heatherwood Holdings LLC puts down nearly $10.1 million for the northwest Phoenix community, nestled in one of the best job bases in the metro. The 174-unit sale marks another market entry by a California multifamily owner.

KINGMAN, AZ-County officials expect to be turning on lights by September 2005 in a 130,000-sf administration building, signing a 15-year, lease-to-own contract with Opus for what is considered "a hallmark project" for the county. Ground breaks in July.

GLENDALE, AZ-Trivest Residential of Dallas picks up the 184-unit Greentree Apartments for $8.9 million. The late-1980s complex is a favorite among students of the nearby Thunderbird-Garvin School of International Management.