PHOENIX—CBRE has completed a 40,000-square-foot office lease at Papago Technology Center located at 1700 N. Desert Drive in Tempe.

MIAMI BEACH, FL—The ownership of the boutique upscale hotel Freehand Miami here has secured a $21-million refinancing deal for the 256-bed property.

MIAMI—National building contractor Suffolk Construction is relocating its offices here to nearly 15,000 square feet of leased space at the One Biscayne Tower.

NEW HYDE PARK, NY—Given that retail and real estate is so focused on experience (aka entertaining the shopper) these days, it's nice once in a while for the professionals in the retail and real estate industries to have a little fun themselves.