PHOENIX—Faris Lee Investments has completed the $12 million sale of a 45,000-square-foot, single tenant, NNN-leased retail property occupied by LA Fitness in Goodyear.

PHOENIX—The Phoenix office of Jones Lang LaSalle has hired local broker Chris Latvaaho as vice president in its Phoenix office leasing group.

PHOENIX—Alliance's 264-unit Scottsdale-area development, Broadstone Lincoln, located at 7100 E. Lincoln Dr., was recently awarded LEED-H Platinum Certification. This marks Alliance's second development nationwide to achieve this level of certification. And this certification could mark a new standard for a demographic of renters nationwide.

PHOENIX—Institutional Property Advisors, a division of Marcus & Millichap, has arranged the sale of Level at Sixteenth, a 240-unit apartment complex located on more than four acres at 1550 E. Campbell Ave. in Phoenix.

PHOENIX—James DuMars, senior vice president and managing director of NorthMarq Capital's Phoenix based regional office has assisted the Perry family with financing placements on two premier Scottsdale office buildings totaling a combined $28.4 million.

PHOENIX—The $250 million venture by The Bascom Group, LLC and funds managed by Oaktree Capital Management, L.P. has acquired Indigo Creek Apartments, a 408-unit luxury community located in Glendale for $40.5 million.

PHOENIX—Colliers International in Greater Phoenix has completed its third quarter retail analysis. GlobeSt.com caught up with Brian Woods, vice president of retail properties for Colliers International in Greater Phoenix, to provide some insight to the numbers.

PHOENIX—Identifying prime distribution space in the Southeast Valley, the Cushman & Wakefield of Arizona leasing team of Jackie Orcutt, John Grady, and Mackenzie Ford recently closed five tenant representation deals totaling 76,734 square feet.