GILBERT, AZ-A Santa Barbara, CA, investor, holding deeds to six franchised El Pollo Loco restaurants, finds its first buyer for a 3,004-sf eatery at 2253 E. Baseline Road. The game plan is to continue the sell-off under the same scenario.

TUCSON-A Los Angeles investment group outbids 20 others for the 173-room Ramada-flagged hotel with a $4.2-million offer at a no-minimum sale that attracted buyers from Spain and South Africa. The bankruptcy court's deadline to close is May 28.

PHOENIX-A California investor, one of five surfacing within 24 hours of the deal coming to market, spends slightly more than $1.4 million for a 12,300-sf office building in a sale/leaseback to a Mexican eatery for continued headquarters use.

PRESCOTT, AZ-Jo-Ann Fabrics & Crafts signs a 10-year lease for 22,400 sf of redeveloped space in a project that forced the longtime Prescott retailer to shift to a temporary storefront. The work will wrap up in the fourth quarter.

PHOENIX-Southwest Behavioral Health Services spends $1.2 million for two acres in uptown to get a project site for an $8-million headquarters. The second purchase, with an $820,000 payout, secures a 11,700-sf clinic near Sky Harbor International Airport.

GLOBE, AZ-Banking on an economic upswing, a Scottsdale-based investment group has purchased the Copper Country Mobile Home Park & Self Storage property for $2.8 million. The deal boasts some of the only available self-storage units in the mining town.

GLENDALE, AZ-The Steritech Group, a food safety auditor and pest prevention firm, moves into a 2,533-sf office with a five-year commitment to Brookwood Commerce Centre. Lease negotiations lasted little more than a month.

TEMPE, AZ-In an off-market deal, First National Bank of Arizona buys a 234,446-sf building on 27 acres in Fountainhead Park. A phased-in move is planned for the mortgage and bank operations and the IT staff.