GILBERT, AZ-Maly Commercial Realty leverages the 10-year loan with a 10,000-sf retail center in Gilbert. Dallas-based Metropolitan Capital Advisors marks its first Arizona transaction with the Lehman Brothers financing.

NEW YORK CITY-Industry veteran Timothy J. Clancy has been tapped to be the new COO for the Durst Organization. Clancy succeeds James J. Migliore, who recently left the firm to establish a consulting practice.

DALLAS-Jim Hayden, senior managing director in the Southeast, rises to executive director of the Dallas-based group. The 20-year Trammell Crow professional says the buzz phrase is "alliance director," with 25 existing employees being sized up for roles.

RENO, NV-A California-based private investor acquires the building in the Nevada Pacific Industrial Park from Sacramento-based Panattoni Development Company.