HOUSTON--Whitestone has made its first major acquisitions in the Houston market. The REIT has purchased Williams Trace Plaza and the Shops at Williams Trace in Sugar Land for a total acquisition price of $40.7 million.

PHOENIX—Colliers International in Greater Phoenix recently completed the sale of Cove on 44th, a 256-unit class B apartment complex. Cove Phoenix LLC of Phoenix purchased the property, located at 4030 N. 44th Ave., from Cove at 44th LLC of Los Angeles.

PHOENIX—In this edition of Deal-Tracker, CBRE completes the sale of the Shops at Dynamite & Tatum, a retail strip center located at 28255 N Tatum Blvd, in Cave Creek. The asset sold for $1.9 million.

PHOENIX—Construction and conversion has begun for The Circuit Tempe, a 190,000-square-foot ultra-modern, high density, class A office project at 615 S. River Dr. in Tempe. Formerly an industrial manufacturing facility for Jabil Circuit, the sizable building has been dramatically re-designed to serve as the Valley's first speculative large-scale, millennial focused office property.

SAN ANTONIO--Amstar, a Denver, Colo.-based real estate investment manager acting on behalf of one of its public retirement system clients, has announced the acquisition of a 2.3-acre development site in San Antonio.

DALLAS--Oakwood Worldwide has acquired a 232-unit apartment complex in Uptown Dallas.

SAN ANTONIO–Skanska USA has announced that Steve Lyons has joined the company as director of business development for its Central and South Texas operations.

HOUSTON--Avera, a commercial real estate development, construction and investment firm, is developing Phase II at Bombardier Business Park in Midland, Texas.