PHOENIX-The Pivotal Group has lured a veteran Phoenix developer out of retirement for Valley's first high-end condo project in more than a decade. Ground breaks May 29 on the 56-unit Esplanade Place, which costs upward of $30 million.

MONTICELLO, NY-The Stockbridge-Munsee Band of Mohican Indians plan to develop a $500 million casino development here, despite a recent court decision that has been seen as a blow to gaming interests in New York State.

SANTA ANA, CA-The sale of the largely vacant 166,616-sf office complex here, for which the new owner is seeking "either a school or a business," marks the second significant transaction to take place within Orange County in the past week.

HOUSTON-As promised, Crescent has at last revealed the identity of its newest tenant at the under-construction 576,964-sf 5 Houston Center. A long-time tenant of Crescent properties, the Dallas-based law firm of Jenkens & Gilchrist, is joining the mix.