PHOENIX-A growing area in the far north Valley has attracted some of it first speculative back-office and industrial space.

PHOENIX-A national grocery store chain plans to close a dozen stores in Phoenix and Tucson, dumping hundreds of square feet of available retail space onto the market and leaving a number of locations without anchor tenants.

PHOENIX-The project that may kick of a plethora of development around the two-mile long Tempe Town Lake has received final approval from the city and will break ground within two weeks.

PHOENIX-The hotel industry, which will contribute to the cost of building a $335-million stadium for the Arizona Cardinals with a 1% bed tax, has thrown its support behind the proposed Tempe site.

PHOENIX-The apartment markets in Phoenix and Tucson are expected to remain stable in both cities as population growth and job creation help demand stay out in front of development.

PHOENIX-Following the money, PaineWebber has leased space in a new office building in Scottsdale, home to the highest average household-income level in the Valley.

PHOENIX-Going into the final quarter in the game to land a $335-million stadium for the Arizona Cardinals, the final two contenders are fighting over every yard gained so far and polishing up their final deals.

PHOENIX-Downtown's largest hotel is for sale, and the owners, who have put $20 million in improvements into the property, are looking for offers in the nine-figure range.