Phoenix

PHOENIX-The resort owner will pay a dividend of 10 cents, marking the third consecutive payout. The dividend is payable Oct. 10 to qualified shareholders. The last earnings report reflected income of $1.5 million.

SCOTTSDALE, AZ-The proposal targets Coronado Golf Course as the next spring training facility for the Giants and Scottsdale Charros. The city owns 36 of 44 acres, but is negotiating a buyout of the balance for $1 million.

SCOTTSDALE, AZ-Ruhl Forensic buys a 12,000-sf building at 15876 N. 76th St. for a "crash and smash" test site for its accident reconstruction business. The move from Central Avenue in Phoenix takes place July 1.

PHOENIX-Four new names will go on directories in the four-building office complex in the Camelback Corridor. The new deals, which also brought an expansion, filled another 39,000 sf and delivered a promising sign for a struggling office market.

PHOENIX-A California investor's $675,000 check ropes a fully leased complex with a positive cash flow of 15% after the seller, Ben Ruzmin of Phoenix, hinted it might be for sale. The property is just south of Camelback Road.

LITCHFIELD PARK, AZ-Seller Romar Investors gets the full asking price for a five-building, 23,691-sf development in a submarket that is running counter-cyclical to the rest of the metro. The fully leased buy comes with a lease rollover of two to five years.

TEMPE, AZ-The firm didn't have to roam far to find the expansion space that it needed. The five-year lease covers 40,000 sf in a building just 150 yards away from its old address. Expansion room, freeway exposure and aggressive pricing close the deal.

GLENDALE, AZ-The buyer, a family-owned investment group, gets a fully leased 19,141-sf office building, stable tenant roll and prime location along West Olive Avenue. The asset had been on the market about eight months.