PHOENIX-In what was the largest lease of last year, a high-tech manufacturer of wafer-making equipment has taken a built-to-suit building in Tempe in a lease deal valued at $43 million.

PHOENIX-An apartment complex near the 50,000-student Arizona State University and future site of the $335-million stadium for the Arizona Cardinals was purchased by a Connecticut-based investment company.

PHOENIX-A Scottsdale-based restaurant firm, on the verge of being delisted by AMEX, has sold of 23 Denny's restaurants in Arizona and other western states for $20.8 million.

PHOENIX-Creation of a redevelopment district in downtown Mesa lures two development groups offering up proposals to build at much as 300,000 sf of Class A office space.

PHOENIX-After months of wrangling, Tempe wins bid for a $335-million football stadium for the Arizona Cardinals.

PHOENIX-A real estate investor is using the reimbursement he received when his building was demolished in the 1995 Oklahoma City bombing to purchase a Phoenix industrial building for $12.2 million.

PHOENIX-Faced with increasing competition, a home improvement retailer plans to retool its strategy toward a new home-decorating theme.

PHOENIX-The coin is still in the air, but it looks like it will land Tempe heads up in the race to be the site chosen for a $335-million football stadium for the Arizona Cardinals.