TUCSON, AZ-A Phoenix-based real estate investment firm expands its portfolio with the recent $2.4-million purchase of a 77,242-sf industrial warehouse/distribution building in Tucson. The deal includes a five-year leaseback to the North Dakota-based seller.

SCOTTSDALE, AZ-A local owner and operator of several Wendy's restaurants in Arizona purchases a 2,500-sf office condominium in the Airpark for $400,000. The deal enables the franchisee to relocate its headquarters from Tucson to Scottsdale.

PHOENIX-A San Diego real estate developer shows no signs of slowing development of the Cotton Center. The Douglas Allred Co. purchases an additional 22 acres on the property for $8.2 million for construction of proposed flex and office buildings.

TEMPE, AZ-A door, cabinet and window distributor inks a five-year lease worth $415,000 for 12,056 sf in Tempe's Broadway Industrial Park. The deal lands the company closer to the center of its Valley customer base.

SCOTTSDALE, AZ-Interwest Distributing signs a seven-year, $3.099 million lease for 48,111 sf in a Scottsdale Airpark stand-alone building. The late-1990s distribution building will serve as the company's new headquarters and bring it closer to its main Scottsdale client base.

TUCSON, AZ-With the city's multifamily market finally enjoying an upswing following last year's flatline, a local investment group nets a 242-unit apartment community for $9.7 million. The exclusive off-market deal lands the buyer a long-term asset with a 95% occupancy.

SUN CITY, AZ-Del Webb's former headquarters locks in new leases tallying a 92% occupancy. The Bell Plaza Professional Buildings sign two leases with health-care service providers looking to expand in thepredominantly retirement community.

PHOENIX-A national auto parts supplier signs a five-year deal for 9,828 sf in First Commons at West 10. The lease is indicative of West Phoenix's strategic location for expanding companies that seek combination office-warehouse amenities.