PHOENIX-The federal government entity will move in October to the 20-story Phelps Dodge Tower, which went up against 20 options to get the deal. The 10-year pact puts $10 million into the pockets of its Chicago-based owner.

PHOENIX-The Certe Group outmaneuvers 11 potential buyers with a top offer of $41.5 million for Redhawk at Sheely Farms, which garners interest due to a prime location and high occupancy.

PHOENIX-The Certe Group outmaneuvers 11 potential buyers with a top offer of $41.5 million for Redhawk at Sheely Farms, which garners interest due to a prime location and high occupancy.

TOMBALL, TX-The tenant-in-common investment group puts in the highest of 12 offers to win the 252-unit Park at Spring Creek Apartments, a six-year-old, class A complex with a 92% occupancy.

HOUSTON-A 380-unit complex in the Museum District, the Quarters at Memorial, receives eight offers before trading to AMLI Residential Properties LP. Industry sources say the luxury complex has sold for $135,000 per unit.

SCOTTSDALE, AZ-The 108-unit Shadow Bend Apartments falls out of escrow once before Right Place Properties steps in with a $9-million offer and $300,000 earnest money. The new owner will add $2 million to convert the class B complex into condos.

GILBERT, AZ-An investor from Lafayette, CA, Preston Management LLC, nabs a 26,000-sf building for $3.5 million. The value-add play comes with 15,713 sf of dark space in the class B building.

HOUSTON-Barnhart Interests Inc. gets capital to update a 293,796-sf office building at 6330 W. Loop South and build a pool for TI expenses and commissions. Roughly $5 million is ticketed for renovations and $18 million pays off the old loan.