TUCSON-In a first-time move, Grubb & Ellis Co. has sold a corporate-owned office. The buyer, a shopping developer, had been a Grubb & Ellis employee at one time. The Tucson office will carry the Grubb & Ellis name, but instead be an affiliate.

SCOTTSDALE, AZ-JPI of Irving, TX has hawked its 539-unit Jefferson at Scottsdale for $54 million in a record-breaking price for the region. The $100,185 per unit price is $26,645 higher than the average.

SCOTTSDALE, AZ-JPI of Irving, TX has hawked its 539-unit Jefferson at Scottsdale for $54 million in a record-breaking price for the region. The $100,185 per unit price is $26,645 higher than the average.

PHOENIX-Opus West's 230,000-sf Camelback Esplanade V, has hit the halfway mark in pre-leasing. One tenant wants more space while others just want into the under-construction office building in the prized Camelback Corridor.

PHOENIX-State legislators say "yes" to a bill that would save millions for contractors who have inked pacts before June 1. But a governor's veto appears imminent since the state's top executive is its most ardent opponent.

MESA, AZ-A private investor from Chicago has the keys to the 28-unit Red Mountain Apartments in north Mesa. John Pietka has paid more than $1.1 million or about $40,892 per unit. The property abuts two popular golf courses.

PHOENIX-Another Valley apartment complex has changed hands. In this sale, a Tucson firm has spent $4.4 million for the 142-unit Cobble Creek. A New York-based investment firm is the seller.

PHOENIX-The US Census Bureau's latest accounting had the Phoenix area leading the nation in job growth just two years ago. But that's probably not the case today, with 2001 statistics putting growth at 2.4% in comparison to the 4.7% in the bureau's latest tally.