THE WOODLANDS, TX-The 17,368-sf third phase to Sterling Ridge Medical Professional will come out of the ground fully leased, delivering in June as the sixth building to a 77,00-sf complex of medical office space.

IRVING, TX-Valetine's Day sparkled for Zale Corp. as the jewelry retailer's website wowed with double-digit sales growth.

SUGAR LAND, TX-Cherokee Sugar Land LP, a joint venture between WC Perry Land Development LP and Cherokee Investments Partners LLC, ink a tentative agreement to buy a 160-acre shuttered refinery. The deal caps a two-year search for a buyer.

PHOENIX-With the design on the drawing board and city approval yet to be had, Trillium Residential hopes to break ground this summer on a 270-unit development for an 8.8-acre tract bought from the Foundation for Arizona Universities.

PHOENIX-A Edmond, OK-based developer drops $2.6 million for four acres at the northwest corner of Cave Creek Road and Rose Garden Lane. The build-to-suit, set to break ground this year, is backed by a group of 20 surgeons.

FLAGSTAFF, AZ-The owner of the four-star Westglen Mobile Home Park secures a seven-year, fixed-rate refinance from Fannie Mae. The loan replaces an existing Fannie Mae adjustable-rate mortgage with a higher interest rate.

LEAGUE CITY, TX-Just 14 months after paying $2.5 million for a class B office building, Younan Properties Inc. flips the deed to a Houston buyer for $3.5 million. The hold produces a 22% internal rate of return when all is said and done.

THE WOODLANDS, TX-HSM Equity Partners zeroes in on the 60%-leased College Park Plaza for a second acquisition in the region. The two-year-old, unanchored shopping center sells for close to its $13-million ask.