PHOENIX-Covington Asset Management of Scottsdale scores the win with a $5.9-million offer for Metro Executive Park, a class B office complex with a 65% occupancy. The KBS Realty Advisors' sale baits a dozen offers for the value-add play.

PHOENIX-Champaign, IL-based Becknell Development LLC beats out more than 10 prospective buyers to claim a 105,107-sf manufacturing and distribution facility leased to Atlas Roofing Corp.

SCOTTSDALE, AZ-After spending $132 million in apartment acquisitions in the past 45 days, Montecito Investment Co. drops another $37 million for Scottsdale Cove Apartments. Experts speculate the complex is destined to become condos.

SCOTTSDALE, AZ-After spending $132 million in apartment acquisitions in the past 45 days, Montecito Investment Co. drops another $37 million for Scottsdale Cove Apartments. Experts speculate the complex is destined to become condos.

HOUSTON-The developer starts work on a 133,068-sf, two-story building after Nationwide Mutual Insurance Co. steps up to sign a seven-year lease for the 24,013-sf balance in Beltway 8 Corporate Centre.

HOUSTON-The developer starts work on a 133,068-sf, two-story building after Nationwide Mutual Insurance Co. steps up to sign a seven-year lease for the 24,013-sf balance in Beltway 8 Corporate Centre.

PHOENIX-A private investor from Los Angeles skates past seven other prospective buyers for Santorini Villa, a class C complex with a 92% occupancy. The $3.2-million offer wasn't the highest, but got the nod for its certainty to close, the broker says.

PHOENIX-Element Homes signs a five-year lease to get an extra 5,178 sf in the class A One Gateway. The two-year tenant will get the keys to the second floor before the month ends. With the new deal, the 107,654-sf office building's occupancy climbs to 86%.