PHOENIX—Lincoln Property Company has acquired the two-building, 219,240-square-foot Freeport Distribution Center industrial project in southwest Phoenix.

PHOENIX—Cassidy Turley announces the sale of Marley Park Plaza, a 77,545-square-foot, grocery-anchored neighborhood shopping center at 15411 W. Waddell Road in Surprise.

PHOENIX—Colliers International in Greater Phoenix recently completed the sale of the 436-unit Carleton Club Apartments, a class B complex in Phoenix, for $22.25 million.

PHOENIX—CBRE has completed the sale of the Symphony Apartments, a 234-unit apartment complex located at 2225 W. Frye Rd. in Chandler.

TUCSON—An affiliate of Cottonwood Properties announced they will be constructing and leasing a 60,000 square foot distribution facility for Ventana Medical Systems, Inc., a member of the Roche Group.

PHOENIX—Resmark Apartment Living and Lennar Multifamily Communities announce the opening of a new luxury apartment community, Skywater at Town Lake, in Tempe. The community has completed the first group of apartment units and will welcome its first residents this month.

PHOENIX—X Team International announces that partner Velocity Retail Group has completed a lease with At Home for a 104,967-square-foot At Home retail store in Tempe.

PHOENIX—Rainbow Housing Assistance Corporation is a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country. Rainbow seeks to create and preserve quality, affordable housing for families and individuals of diverse ethnic, social and economic backgrounds. Flynann Janisse is the executive director of Rainbow and GlobeSt.com caught up with her to find out more about the organization and how it assists in stabilizing the multifamily market.