PHOENIX-Two apartment communities totaling 78 unitsfetch a new owner for $4 million, closing $50,000above the listing price. Sub-3% vacancy over the pasttwo years bolster's the seller's marketing package forthe 4.5-acre property.

PHOENIX-The broker goes against others' advice, splits the 30-unit Camelback Gardens and walks away with a higher price than if it would have sold to a single buyer. A four-plex gets $275,000 and the remaining 26 units corner $1.6 million.

CHANDLER, AZ-First Credit Union purchases a 104,000-sf office building for $10.7 million, with plans to put the corporate headquarters into a little less than a third of the space. Contiguous space for future expansion was key to the deal.

PHOENIX-A Mesa couple earns $1.9 million by selling the Acacia Garden complex to a Scottsdale investor who beat four others with a full list price. The fully leased holding has a $637 average monthly rent.

PHOENIX-Empire Equities takes two of three properties that JPI has the market in Midtown for $62.5 million, pocketing title to the 414-Unit Jefferson on Central and 399-unit Jefferson Steele Park. A third JPI property is still up for grabs.

TEMPE, AZ-Crews jumpstart work a $5.9-million, two-building office-warehouse project in the 53-acre Elliot Business Park, promising to deliver 285,469 sf by October. Tempe Marketplace Commerce Associates is the developer.

PHOENIX-A 46,719-sf complex that includes the site of the historic Green Gables Restaurant has sold to a California buyer for close to $3.1 million. A 1031 Exchange buyer places a contract before marketing can begin on the 24-year-old office buildings.

PHOENIX-Opus West breaks ground on an estimated $8-million project even though the 5.5-acre sale won't close until August. The University of Phoenix's West 101 Gateway has 30,000 sf dedicated to the school and the balance headed to the lease market.