PHOENIX-The 45-unit Tamarack Shadows Apartments has changed hands, with the new owner being a local real estate investment firm. Seller Los Angeles-based Milo Webber snags $1.3 million for the 22-year-old complex.

PHOENIX-American Physicians Inc. has joined the tenant lineup at Central Park Square. The physicians, which specializes in house calls, has signed for a 17,300-sf spot for their headquarters. Jackson National Life Insurance is the building owner.

PHOENIX-A group of economists are predicting the state will weather an economic downturn despite any fallout from California. Job and population growth will mortar Arizona's staying power.

GLENDALE, AZ-Some 3,200 early ballots have yet to be counted, but defeat seems likely for the warehouse retailer's proposed 220,000-sf supercenter. The landowner forced the vote after the city passed zoning laws to severely the stores size and hours of operation.

TUCSON-Two national magazines put Tucson among the nation's best cities for business, based on 1999 data. Just wait until the 2000 data is collated, says the Greater Tucson Economic Council. An even higher ranking is practically guaranteed.

CHANDLER, AZ-Still five months away from completion, Chandler Fashion Mall is 90% pre-leased. Apple Computer is the newest tenant to join the lineup at the 1.3 million-sf, $200-million retail center.

CHANDLER, AZ-Denro Development has taken title to seven of 14 acres owned by Albertsons. The $1.05-million buy opens the door to construction of Copper Point Plaza, which will be anchored by 62,000-sf Albertsons.

PHOENIX-The Pivotal Group has lured a veteran Phoenix developer out of retirement for Valley's first high-end condo project in more than a decade. Ground breaks May 29 on the 56-unit Esplanade Place, which costs upward of $30 million.