TUCSON-Mirroring a national trend, two of Tucson's largest residential real estate firms have merged.

PHOENIX-Local developer Steve Ellman, who is in the process of finalizing the $87-million purchase of the Phoenix Coyotes, has sold an office building for $24 million to a California investor.

PHOENIX-Two office buildings located in one of the most popular areas for office tenants have been purchased in separate deals by a Tempe-based investment firm.

PHOENIX-An office and industrial project near Interstate 10 along the southern edge of the Valley has been purchased by a California-based investor.

PHOENIX-A local developer who has built more than 200,000-sf of office condominiums in north Scottsdale is now bringing a $5.4-million mixed-use development to Tempe.

PHOENIX-A light-rail project that will snake through Phoenix and Tempe failed to receive a rating from the federal government to receive matching funds, but that's not going to slow the project's progress, says proponents.

PHOENIX-RREEF has continued its buying binge in the Valley, picking up a portfolio of office and industrial buildings in Phoenix and Tempe.

TUCSON-Starting in February, commercial property in Tucson will be placed on a Website that will tell visitors everything they want to know about the property.