PHOENIX-Equus Realty Advisors LLC will put $1.4 million into the plan to convert one of its four office buildings into condominiums. The class B building in the Downtown will be getting a parking deck to support the plan.

PHOENIX-The class B Villa Mira Monte attracts three offers before selling to a private investor from Los Angeles for $2.1 million. The Portland, OR-based seller carries a $970,000 loan and provides a three-month rent guarantee for the buyer.

PHOENIX-The Staubach Co. chooses three industry experts from CB Richard Ellis Inc.'s local office to head up a new retail office. Dave Cheatham, Darren Pitts and Ed Beeh bring seven CBRE associates with them.

PHOENIX-The Staubach Co. chooses three industry experts from CB Richard Ellis Inc.'s local office to head up a new retail office. Dave Cheatham, Darren Pitts and Ed Beeh bring seven CBRE associates with them.

HOUSTON-Adams & Coffey expands by 7,166 sf and commits to a medium-term lease for class A space in 1010 Lamar St. With the expansion, the 19-story, 264,885-sf tower is 87% occupied.

HOUSTON-Adams & Coffey expands by 7,166 sf and commits to a medium-term lease for class A space in 1010 Lamar St. With the expansion, the 19-story, 264,885-sf tower is 87% occupied.

HOUSTON-A 76-unit condominium tower in the Montrose neighborhood, Tremont Towers, gets $14 million from US Bancorp Asset Management to repay a maturing construction loan and mezzanine piece.

SURPRISE, AZ-A 34,829-sf class A office building that is fully leased to residential developer Del Webb Corp. until 2009 garners eight offers before passing to North Creek Business Park LLC. The Bellevue, WA-based buyer pays $8.2 million for the two-story structure.