MESA, AZ-Homestead Creations of Salt Lake City marks its first expansion outside Utah with a lease in Mesa South Center. The deal, valued at more than $7.50 per sf, boosts a 50%-leased center to 93% occupancy.

SCOTTSDALE, AZ-DBL Distributing switches gears before a 144,582-sf distribution build-to-suit delivers and opts to buy rather than lease. The firm, which signed a five-year lease last year, is eyeing a late August move to the three-building, office/warehouse complex.

PHOENIX-Baptist Hospital's turnaround is starting to send lease rolls upward for medical office buildings in West Phoenix, driving one California investor to seize the opportunity to buy the 46,974-sf Arizona Medical Plaza.

SCOTTSDALE, AZ-The Estetica Cosmetic & Reconstructive Surgery center will set up shop in a 5,400-sf condo bought from Shea Commercial. The 9450 E. Ironwood Square Dr. property closes at roughly $100,000 less than the ask.

PHOENIX-With the assumption of a $7-million loan as the only barrier to purchase, a local buyer scoops up the 91-unit Canyon View in the South Mountain Preserve for $98,901 per unit, paying the second highest price per door so far this year.

MESA, AZ-A Phoenix investor, looking to retire, lands a taker for Spanish Palms with a seller-financed strategy at a 7% interest rate and 80% of the purchase price. The deal closes for $1.2 million.

PEORIA, AZ-Land buyers in Peoria and Phoenix pick up close to five acres apiece for industrial projects. The largest deal--$867,000--drives a handoff of 4.9 acres between 78th and 79th avenues for a six-building development.

MESA, AZ-In a complex, all-cash purchase, Rreef takes down 72.3 acres in partnership with Pacific Realty Advisors of San Diego and then sets up a limited liability company with Lincoln Property to build roughly 750,000 sf on 50 acres.