TEMPE, AZ-A Phoenix-based real estate investor has the keys to the 11,150-sf Southern Tempe Shopping Center, spending $855,000 for the holding. Sun American Life Insurance had owned the property for a little more than a year before selling it.

PHOENIX-In a trio of leases, the entire 11th floor has been filled at the 222,000-sf 2700 N. Central, a 15-story office tower. Compupay Inc., Internet Institute USA and Logical Inc. are joining the tenant roster, signing for a combined 14,800 sf.

CHANDLER, AZ-Dean Geraci has set an expansion plan in motion, paying about $1.2 mil for a 16,900-sf industrial structure along N. Colorado St. The game plan is to expand a fire and flood damage clean-up business.

PHOENIX-Locally based Priority Investments has spent about $1.2 million to acquire the 40unit Mountain Manor Apartments in the heart of the Valley. The 25-year-old property brings a price below the per unit average for complexes of the same time period.

TEMPE, AZ-All Pro Industrial Finishes has acquired a 60,900-sf industrial property, paying $2.4 million so it can expand its operation. The custom coating business will set up shop in 48,000 sf and lease the balance.

GILBERT, AZ-In a year's time, Oakland, CA-based Myron Zimmerman Investments has changed out his Valley portfolio, selling three smaller industrial holdings and buying 1.3 million sf of larger buildings. And, the veteran Valley investor is looking for more.

GILBERT, AZ-The Silicon Valley Cos. has acquired the 160-unit Township Apartments at 1295 N. Ash St. The purchase price of $9.2 million is considerably less than the average per unit price for complexes in the area.

PHOENIX-Simula Safety Systems has inked a 16-year lease for 188,000 sf of industrial space. Cohen Arizona One owns the facility, situated at 7822 S. 46th St. The property is in the steadily growing Baseline Corridor.