PHOENIX-Arcadia Villa Apartments LLC has realized more than $8.3 million for a 169-unit complex in the Camelback Corridor. A Minnesota investment firm's price bests in excess of $49,000 per unit.

TEMPE, AZ-Two major hurdles are out of the way for a $375-million Arizona Cardinals stadium in Tempe. The state Attorney General upholds the site selection process while the FAA clears the decks by raising the landing altitude. More battles, though, loom.

PHOENIX-Freeport Logistics puts a sizable dent into the southwest submarket, taking 206,300 sf in a three-year lease. The pact delivers some breathing space to a submarket that accounted for half of the Valley's 1.23 million sf of negative absorption at midyear.

GOODYEAR, AZ-Columbia Regency Retail Partners cuts a deal with SunCor Development to pay $13.2 million for a 107,662-sf suburban shopping center. Under the sales pact, SunCor retains limited management duties for two years.

PHOENIX-Four of Phoenix's real estate players have put executives into new positions. Lining up the personnel changes are Marcus & Millichap, Hogan & Associates, Richmond American Homes and the Rubin Cos.

TEMPE, AZ-Infinite Visions Software is lining up a November move in a relocation of its Tempe headquarters. The firm has signed for 10,000 sf at One Agave Center, a project of Gerding/Edlen Development.

PHOENIX-Construction crews have moved onto a downtown site, where the $35-million, 5,000-seat Dodge Theatre will rise from the ground. The niche theater venue is the first of several cities ticketed what developers say is a natural void.

PHOENIX-City officials figure they're a year out from a contract letting for a $250-million facility to consolidate vehicle rental companies and open the door for an airport expansion. The public will get more airport parking and travelers, a one-stop shop.