PHOENIX-A 14-month escrow period provides a difficult, but not insurmountable obstacle to acquiring the fully occupied Fairmount Greens in the Camelback Corridor. The California buyer foresees repositioning the property for a long-term hold.

SCOTTSDALE, AZ-A franchisee of the women's fitness chain signs a five-year lease with a $267,000 payout for a 2,116-sf spot in Village Crossroads. It is the fifth Curves deal for the Wisconsin-based owner.

PHOENIX-With three of four owners retiring, the doctors sell a 10,390-sf office building on the west side of the city to a first-time Phoenix buyers. The Salem, OR couple was one of four investors vying for the investment property.

TEMPE, AZ-A Washington State-based partnershipovercomes difficult seller requirements to pick up theBali Lanai and Palm Villa apartments in the heart ofthe city's student rental market. Boasting a combined 110units, both properties were held by the previous ownerfor more than 30 years.

LAKE HAVASU CITY, AZ-A Colorado buyer inks a $4.2-million purchase deal for the 45,997-sf McCulloch Center. The 1974 center includes a newly remodeled Albertson's grocer-anchor as well as a 4,000-sfrestaurant pad.

PHOENIX-A fenced yard and multi-tenant capability lurea roofing company to purchase a 9,500-sf industrialbuilding in Southwest Phoenix for $355,000. Theowner/user takes a majority of the building and plansto lease out the balance of the space.

GLENDALE, AZ-A New York-based investor closes on an$8.6-million purchase of the Bethany VillageApartments. The 1980s vintage property attractedhealthy interest and eventually sold to the managementgroup based on track record and ability to closequickly.

TUCSON, AZ-A Phoenix-based real estate investment firm expands its portfolio with the recent $2.4-million purchase of a 77,242-sf industrial warehouse/distribution building in Tucson. The deal includes a five-year leaseback to the North Dakota-based seller.