SCOTTSDALE, AZ-MSC Life Insurance Co. joins the roster at Galleria Corporate Center, signing a 5 1/2-year lease valued at more than $1 million. The firm takes 10,750 sf of the 606,521-sf structure at 4343 N. Scottsdale Rd.

PHOENIX-York International lines up 29,556 sf in the recently completed first phase at the junction of Interstate 17 and 7th Avenue. It moves in Dec. 1 from a Tempe location. Air Tiger, coming from central Phoenix, leases 6,371 sf.

SANTA FE-The 285-unit San Raphael complex, built in the 1980s as affordable housing, changes hands as it nears the first conversion point to a market-rate property. In the immediate, a rent increase and renovation are on the docket.

PHOENIX-York International lines up 29,556 sf in the recently completed first phase at the junction of Interstate 17 and 7th Avenue. It moves in Dec. 1 from a Tempe location. Air Tiger, coming from central Phoenix, leases 6,371 sf.

PHOENIX-Vacancy rose a percentage point to 21.8% and rent accordingly fell a point to $23 per sf in the suburbs and $22 per sf in town. The metro market's economics are delivering cut-rate deals that are enticing more tenants to trade up.

TUCSON-High Throughput Genomics positions itself for more growth in the region's developing biotech corridor. The firm, a 16-month tenant, now occupies about half of Rio Estes' building at 6296 E. Grant Rd.

PHOENIX-A Colliers International broker brings together a buyer and seller for a commercial tract that was not on the market. The convincing factor for the seller was the price that a Phoenix car dealer was willing to pay.

TEMPE, AZ-A California buyer, satisfying a 1031 Exchange, gets a 14,911-sf, fully leased building in the Sky Harbor Industrial Park. The private investor's tenant is a health-care firm with three years to go on its lease.