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MESA, AZ-the 1980-built multifamily property was acquired by a Phoenix buyer as a value-add play. Included: Southwest commercial real estate news.

SEATTLE—63-year-old four story building housed a branch of the Federal Reserve Bank has been placed on the National Register of Historic Places. Listing adds hurdles to potential development.

WASHINGTON, DC-Trendlines also awarded its Trendsetter's award to Bob Murphy of MPR and William Alsup of Hines.

MINNEAPOLIS - The law firm of Dykema Gossett signs a lease in Wells Fargo Center for 6,100 square feet. Hines said with the lease closing, the center is now 98% leased.

BOSTON-The REIT will resume work on an office tower planned for 525 Mission in San Francisco, and add to its mixed-use portfolio at Reston Town Center in the Washington, DC suburb.

DALLAS—A North Texas dermatologist has bought a 78,000-square-foot six-story building in the Dallas Medical District with plans to develop a lab for analysis of biopsies.

SAN FRANCISCO—Boston Properties, which is becoming one of the city's most active developers, is said to be in negotiations to buy a lot next to the Salt House restaurant.

WASHINGTON, DC-The condo market in the DC area went dark during the Great Recession. It's coming back to life, but it remains to see how robust it will be.