PHOENIX—In this edition of Deal-Tracker, ORION Investment Real Estate facilitated the sale of The Glen condominiums located near 63th Avenue and Bethany Home Road in Glendale.

PHOENIX—Two words tell the story of the 2014 Metro Phoenix office market: East Valley. The Tempe, Scottsdale and Chandler submarkets outperformed the entire Valley, helping to pull the city back to real estate health, according to figures released by Cushman & Wakefield of Arizona, Inc.

PHOENIX—In this edition of On the Move, Velocity Retail Group, LLC announces that Dean Ingram has joined the firm as a vice president.

PHOENIX—Investment Property Associates celebrated the grand opening of its first multifamily development in Scottsdale with a ribbon cutting ceremony at Liv North Scottsdale.

PHOENIX—CBRE facilitated the sale of Papago Arroyo, a three-building office complex in Tempe. The 279,503 square foot, two-story office buildings is located in the geographic heart of metropolitan Phoenix, and the highly desirable Tempe office market. The asset commanded a sale price of $40.85 million.

PHOENIX—Thomas Bradford Communities has acquired Newport Mesa Apartments at 1620 W. Southern Ave. in Mesa's Fiesta District and is launching an urban repositioning campaign that will bring a fresh, updated feel to the 156-unit property.

PHOENIX—Wood Partners, LLC, in partnership with American Realty Advisors, has acquired Pinnacle Towne Centre, an existing 350-unit multifamily community at 1601 E. Highland Ave. in Phoenix's Camelback East submarket, and plans to renovate the property into an upscale townhome community named Altera Highland.

PHOENIX—The Phoenix office of Jones Lang LaSalle has completed the $18.1 million investment sale of Indigo, a formerly fractured Phoenix condominium asset that over 24 months was transformed into a 108-unit class A apartment community.