PHOENIX—Walker & Dunlop, Inc. announces that it recently provided $107,130,323 for multifamily properties in Arizona.

IRVINE, CA—The shift from operator to investor can be quite fulfilling and enjoyable if the transition is sound and the timing right, says Moss Adams' Stephen Duffy in this EXCLUSIVE column.

Chicago-area hospital seeks approval for $378 million replacement.

SADDLE BROOK, NJ-Industrial vacancy is at record low right now, reports CBRE, but 4 million square feet of Class A space is expected to be delivered to the market by the end of the year, which could slow momentum.

SOMERSET, NJ-Time to update your scrapbooks: We have snaps from last week's NAIOP-NJ's 27th annual awards gala.

PHOENIX—Mill Avenue Office, L.L.C. (owned by Bob Parsons) has acquired Hayden Station, a 107,508-square-foot, mixed-use office and retail property located on the southwest corner of Mill Avenue and 3rd Street, for $26.5 million. The seller was Tucson-based Holualoa Companies.

The "inland port" areas of Norfolk, VA, and the Lehigh Valley in Pennsylvania will get a close look at a panel at the June 5-6 I.CON: The Industrial Conference in Jersey City, Steve Schellenberg of IMS Worldwide will moderate a panel on the dynamic growth in these emerging markets. Here, GlobeSt.com's Antoinette Martin.gets a preview from Schellenberg of what will be discussed.

The backfilling of vacant retail real estate is a priority for many landlords nowadays. Joe Cosenza of Inland (RECon booth C1027) tells us how it's done.