TEMPE, AZ-The 37,600-sf Pepperwood Plaza has been sold for $3.7 million to a Phoenix-based private investor. The sale does not include anchor ABCO or a freestanding Burger King. The property is close to the regional mall, Arizona Mills.

CASA GRANDE, AZ-The 7,200-sf Tri Valley Plaza has reaped slightly more than $1 million for seller Tri Valley LLC. The buyer is a Los Angeles-based real estate investor. The center is in an area that is attracting more commercial and residential development.

TUCSON-Office development is definitely on the upswing in Tucson, but it's not the garden-variety of years past. Campus designs of five to 15 buildings are the hot looks, with nearly 600,000 sf in the works.

PHOENIX-The Plaza del Rio has brought $3.1 million in a recent sale from Cole Cos. to the California-based Community Centers of America. The property is near the now-razed Los Arcos Mall, a site one time under consideration for a $585-million complex.

TUCSON-Office development is definitely on the upswing in Tucson, but it's not the garden-variety of years past. Campus designs of five to 15 buildings are the hot looks, with nearly 600,000 sf in the works.

PHOENIX-California-based investor Irmas Industrial has taken the reins to the 44,800-sf, multi-tenant Desert Cove Industrial Center in northwest Phoenix. The property is situated in a Valley hotspot. Seller VJ Desert Cove LLC gets about $2.6 million from the sale.

PHOENIX-A Salt Lake City-based lumber company has shelled out $1.9 million for a north Phoenix retail complex while a local investor has spent $475,000 for a vacant 7-Eleven. In all, upward of 25,000 sf has changed hands.

PHOENIX-Cachet Homes has snagged eight acres in the 44th Street Corridor, paying about $3.5 million. A 120-unit condo project will be replacing a now-razed retail center in west Phoenix. The site has been bought from Concord Equities.