PHOENIX—CBRE has completed the sale of the Sonoran Vista apartment community, a 264-unit apartment complex located at 9340 E. Redfield Rd. in Scottsdale. The multifamily asset, which is situated in the heart of the North Scottsdale submarket was 95 percent leased at time of sale.

BOTHELL, WA—A groundbreaking ceremony is planned for Sept. 3 for building that will help anchor downtown revitalization.

SAN FRANCISCO—Marcus & Millichap says tech firms including Salesforce, Twitter and Dropbox are driving the market.

ATLANTA—Houston-based AmREIT, Inc. reports it has completed the $28-million acquisition of the Tuxedo Festival Shopping Center in the Buckhead section of the city.