PHOENIX-A Glendale apartment complex was been purchased by a local investment group for $884,000.

PHOENIX-Another company has leased a 70,000-sf space for call center in Tempe, which has become a popular destination for back office operations.

PHOENIX-The most visible building in the East Valley, a 16-story, blue-neon-lit office tower, has been purchased by a local group for $33 million.

PHOENIX-The industrial market remains as robust as ever, with net absorption on track to total as much as 11 million sf and the vacancy rate expected to remain steady through the rest of the year.

PHOENIX-A 64,000-sf office condominium project is under way in one of the most exclusive master-planned communities in north Scottsdale.

PHOENIX-Another office-condominium project is under development in north Scottsdale, which has one of the tightest office markets in the Valley.

PHOENIX-An apartment complex in east Phoenix has been purchased by out-of-state investors for a sale price that equates to approximately $28,000 per unit.

PHOENIX-A national pharmacy benefits company plans to open its largest call center in the country in an office building in Tempe.