BUFFALO, NY-The $2.5-million sale of 88 acres for the RiverBend project will help bring about “one of the most dramatic developments in Buffalo's history,” Gov. Andrew Cuomo said Monday.

PHOENIX—Cuningham Group Architecture, Inc. has established a new Phoenix office, expanded its practice areas in the region and added architect Nabil Abou-Haidar to its Phoenix team.

FLAGSTAFF—Cassidy Turley sold 102 Class A units at the Timberline Place condominium community located in Flagstaff, Arizona. Clear Sky Timberline LP, an entity formed by Clear Sky Capital, a Phoenix based company purchased the property for $11.8 million.

PHOENIX—Cushman & Wakefield of Arizona, Inc. has negotiated the $21.5 million sale of the AVNET Building, a Class A office property located at 8700 S. Price Rd. in Tempe. Atlanta-based Piedmont Office Realty Trust sold the property to AVASU LLC of New York.

TUCSON—Global Retail Investors LLC purchased River Center, a 117,563-square-foot shopping center that is anchored by Whole Foods and Petco, for $24.8 million. The seller was River Center Canada, LLC.

PHOENIX—Cushman & Wakefield of Arizona, Inc. has been awarded the sale of a former electronics manufacturing/warehouse flex building at 615 E. River Dr. in Tempe.

PHOENIX—Cassidy Turley announced they successfully sold Black Canyon Corporate Center, a 94,203-square-foot Class A office project at 10835 N. 25th Avenue in Phoenix. Younan Properties Inc. purchased the property for $7.14 from REO asset manager, John Mitchell, of LNR Partners of Miami Beach, FL, as special servicer.

On January 21, about 280 commercial real estate professionals are expected to join NAIOP Inland Empire for the third annual REXIE Awards, which will recognize the top 2013 achievements in industrial leasing, development and land acquisition. The ceremony will be held from 11:30 a.m. to 1:30 p.m. at the Hilton Ontario Airport hotel, 700 N. Haven Avenue, Ontario, CA 91764.