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PHOENIX-The 45-unit Tamarack Shadows Apartments has changed hands, with the new owner being a local real estate investment firm. Seller Los Angeles-based Milo Webber snags $1.3 million for the 22-year-old complex.

SAN FRANCISCO-Including Starboard Commercial real Estate of San Francisco, Wayne Mascia Associates of Santa Clara and North Bay Commercial of Santa Rosa, the Plano, Texas-based company now has a network of 52 independent brokerages in 210 markets.

WALTHAM, MA-Polaroid Corp. sells its 56-acre campus here to the Davis Companies in a joint venture with Prudential Real Estate Advisors. The embattled instant photography company has been struggling to reduce its debt.

SAN JOSE-Despite negative net absorption rates, pure industrial space weathered the current slowdown better than their flex-office and research-and-development counterparts in the first quarter, says Colliers International.

HOUSTON-Weingarten Realty Investors is on the move in Memphis, adding four shopping centers totaling 616,000 sf to its six holdings in that region. Thus far this year, Weingarten has invested $383 million in 24 retail acquisitions in three states.

LOS ANGELES-PacTen Partners will immediately begin construction on a $34-million, 540,000-sf business park in Valencia. The first buildings, offering a combined 234,000 sf, will open later this year.

VACAVILLE, CA-Chicago-based Capri Capital arranged $4.92 million in permanent financing for Saratoga Senior Apartments, a recently completed 108-unit affordable senior housing complex by Sacramento-based Saint Anton Partners LLC.

DENVER-A developer/real estate lawyer breaks ground on an $18-million, four-story, 72,000-sf mixed-use project along what once was Denver's "Main Street" but for decades has been on a downward spiral.