PHOENIX-If the deal stays on track, sources say Phelps Dodge Tower will change hands in two weeks. Word is the CBD trophy is selling for $312 per sf or nearly $128 million.

PROVIDENCE, RI-After 18 months of ownership, the development arm of locally based Gilbane Inc. sells the tallest building in the city for $46.2 million. The new owner of the 322,284-sf, class A office tower is a joint venture that includes an affiliate of pension plan investment advisor GE Asset Management.

PROVIDENCE, RI-After 18 months of ownership, the development arm of locally based Gilbane Inc. sells the tallest building in the city for $46.2 million. The new owner of the 322,284-sf, class A office tower is a joint venture that includes an affiliate of pension plan investment advisor GE Asset Management.

BRIDGEWATER, NJ-The union of the two French pharma companies may actually result in new hirings in the Garden State, where Aventis has as major presence and takeover partner Sanofi has none.