FOUNTAIN HILLS, AZ-The Houston REIT closes on the 111,000-square-foot Fountain Hills Plaza for $20 million, effectively expanding its Arizona retail portfolio to 1.6 million square feet.

DALLAS-Wood Partners breaks ground on the 249-unit, four-story multifamily property, a transit-oriented development adjacent to Dallas' light rail and close to the Medical Center District.

HOUSTON-TIAA-CREF and Transwestern are going north on the class A office building in the Galleria submarket. The building is 100% leased to BHP Billiton, with move-in slated for late 2016.

HOUSTON-Redwood Capital Group and BH Management Services turn to Greystone for help in the acquisition financing of Place at Greenway.

PHOENIX-The SoCal buyer's Keith Wasserman tells GlobeSt.com that the 92-unit class B multifamily property appealed due to its location near the Camelback corridor.

THE WOODLANDS, TX-The Newport Beach, CA-based buyer is now the proud owner of the 240-unit Pine Creek Ranch, with plans to continue upgrades begun by the former ownership.

ALBUQERQUE, NM-Colliers International brokers representing the seller in the 50,000-square-foot disposition say having Walmart as a shadow anchor boosted the asset's appeal.

HOUSTON-The developer sells the 302,000-square-foot 3009 Post Oak Boulevard to Post Oak Building LLC shortly after the building's completion.