PHOENIX-Radnor, PA-based Airgas Inc. purchases 1.5 acres from SunState in the University Center to develop a 12,000-sf distribution building on the site. Ground will break in the second quarter so the facility can be up and running by year's end.

PHOENIX-A test preparation agency for children and teenagers and state mental health coalition sign two office leases in Phoenix and Scottsdale, respectively. The combined deals are worth more than $110,000 for an aggregate 2,400 sf.

PHOENIX-Cavan Development will start work in May on a six-building development at 87th Avenue and Union Hills Drive in Peoria while Hewson looks at a July kick-off on a nine-building project for the West Valley corner of 91st Avenue and Indian School Road.

PHOENIX-Accounting firm RSM McGladrey fills the void with a five-year lease for 11,961 sf at 510 N. 44th St. The inbound tenant, "intrigued" by occupying Arthur Andersen space, gets a "plug 'n play deal" with a centralized location in the metro.

PHOENIX-Making a four-year commitment, Courier Graphics gets a distribution building next door to its manufacturing plant and corporate headquarters. Lights turn on July 1 practically as soon as the outbound tenant flips the switch.

TEMPE, AZ-Sol Hoff Co. LLC of Los Angeles purchases the Santa Fe Palms retail center and an adjacent Panda Express location for $5.4 million from a Utah seller in an off-market trade financed with a 10-year loan.

TEMPE, AZ-Sol Hoff Co. LLC of Los Angeles purchases the Santa Fe Palms retail center and an adjacent Panda Express location for $5.4 million from a Utah seller in an off-market trade financed with a 10-year loan.

PHOENIX-The 41,956-sf Parkvale Medical Building on the Maryvale Hospital campus passes from one California investor to another with 1st London picking up title to a 96%- leased asset at 4616 N. 51st Ave.