PHOENIX—The Tempe North submarket led the metro area in fourth quarter absorption with more than 616,000 square feet of net absorption, as State Farm took possession of its first of five regional headquarters buildings, which accounted for more than half of that absorption.

SACRAMENTO—Two apartment communities totaling 640 units receive cross-collateralized loans totaling $100 million-plus.

PHOENIX—In this <b>EXCLUSIVE</b> to GlobeSt.com, Nieman talks about the changes in the office market from his experience as one of the longest-serving Colliers employees in the Phoenix area.

SAN FRANCISCO—Ivanhoé Cambridge and Veritas Investments acquire 16 residential properties for approximately $200 million, with this latest joint-venture investment bringing the partnership to a total of 45 multifamily properties.

YUMA, AZ—Renovation implements the "take flight" design at Homewood Suites by Hilton Yuma, which includes updated guestrooms and public spaces.

MENLO PARK, CA—The new space builds the density of Tarlton's emerging science companies which benefit from proximity to Stanford and access to other companies.

PHOENIX—The multi-million-dollar renovation of three class-A office buildings is slated to be complete in July.

LOS ALTOS, CA—ProspectNow has launched a predictive analytics platform to help commercial real estate professionals identify properties that are more likely to be listed for sale.