PHOENIX-Scottsdale has extended the deadline for local developer Steve Ellman to finalize the $87-million purchase of the Phoenix Coyotes.

PHOENIX-The suburbs of Tempe and Avondale have emerged as the frontrunners in the race to land a $335-million stadium for the Arizona Cardinals that will be built using mostly taxpayer funds.

PHOENIX-A local food distribution company has purchased a 65,500-sf warehouse/office in the west Valley where it plans to expand it distribution business.

TUCSON-An apartment complex on the city's south side has sold for more than $19,500 per unit.

PHOENIX-A consultant to Scottsdale has suggested scaling back the size of a mixed-use project that will be anchored by an ice hockey arena for the Phoenix Coyotes, if the city wants to increase return on its investment of $100 million in public funds.

PHOENIX-The five communities vying to land the $335-million stadium for the Arizona Cardinals addressed some of the issues brought up by the group that will decide where the taxpayer-approved stadium is built.

PHOENIX-A commodities firm has leased 170,000 sf in a West Valley distribution building and plans to take another 130,000 sf in the next few months.

PHOENIX-While the unemployment rate remained steady through the end of the year, there are signs that Arizona's economy is beginning to follow the nation's slowing lead.