PHOENIX-The California buyer recently acquired 214 of the 348 units in two separate transactions, with plans to rent them out. BH's EVP Steve Jaffe tells GlobeSt.com that he's on the hunt for more.

DALLAS-HFF's local office, working on behalf of Blackstone Group, placed the three-year, floating-rate loan with GE Capital Real Estate.

DALLAS-<b>UPDATE</b>-After being beat out of buying Preston Royal Shopping Center in December, the Jacksonville, FL company acquires the nearby 103,000-square-foot Preston Oaks Shopping Center from Trademark Property Co. in an off-market transaction.

PHOENIX-In her new position as regional vice president in the California company's local office, Weber is charged with growing the portfolio. A growing demand prompted the promotion as well as an expanded staff.

TUCSON-<b>DEAL TRACKER</b>-Hamilton Zanze acquires the class B asset from HSL Properties with plans to reposition it. Also included is southwest CRE news.

HOUSTON-In a recent interview with GlobeSt.com's Amy Wolff Sorter, Tim Gregory with Transwestern says healthcare providers are branching out from the Texas Medical Center into suburbs where they can more effectively treat patients.

OAK LAWN, IL-Bluestone Healthcare Partners Oak Lawn Medical Office Building is under construction – and is already 80% leased.

CHANDLER, AZ-<b>EXCLUSIVE</b>-Griffin Capital Essential Asset REIT acquires the 231,000-square-foot, class A, flex R&amp;D facility leased long-term to Avnet Inc. from TIC investors.