SEDONA, AZ-A Toronto-based company has joined with Scottsdale's Pinnacle Group and Cavan Investments for its first time-share development. The team has paid $12.5 million, partly in cash, for 136 acres. The buy signals a defeat for preservationists.

FT. WORTH-First American Bank, based in Bryan, TX, will break ground in 120 days on an estimated $800,000 project in Beechwood Business Park. The ground zero opportunity is a good fit for the bank's rollout strategy in the DFW area, Houston and Austin.

NEPTUNE, NJ-Garden State Hi-Tech Park LLC has signed the New York-based technology development firm to outfit its 180-acre, four million-sf project for a range of tech-based users.

HOUSTON-Holliday Fenoglio Fowler has completed its move from the CBD to the West Loop-Galleria submarket. The firm has signed for 14,467 sf at One Post Oak Central, a 396,000-sf, class-A office building.