PHOENIX-Extreme Integration signs a $2.4-million purchase agreement for a 21,120-sf building on four acres at 4657 E. Cotton Gin Loop. The firm is getting ready to for a doubling of the operation over the coming 18 months.

MESA, AZ-Iron Eagle Motorcycles signs a three-year lease, valued at $175,000 over the term, for a stand-alone facility in the Broadwood Business Centre. The deal provides showroom and manufacturing space for the custom motorcycle maker.

PHOENIX-Anchor Centre lease solidifies expansion efforts for financial planner L. Roy Papp & Associates, which crafts an 11,098 sf, six-year lease with a full-term payout of nearly $1.6 million. The firm gets its keys in April.

SCOTTSDALE, AZ-Ferguson Enterprises, a national specialty plumbing supplies company, signs a lease valued at $450,000 for a 7,586-sf building teaming showroom and office space. The 8340 E. Raintree Dr. building is "a homerun location," says the broker.

MESA, AZ-California investors close on the $720,000 trade of the Hampton court complex in a "straight-forward deal" of a property with just two empty units. Buyer and seller are plying exchanges with the transaction.

PHOENIX-An exchange buyer from San Pedro, CA puts up $7.5 million for a fully leased, 76,326-sf Park Lee Center. The infill location and very close proximity to future light rail are added bonuses.

GLENDALE, AZ-A Tucson buyer decides to expand its operating area with the $6.7-million purchase of the Bethany Park Apartments at 5830 N. 67th Ave., just two miles from the new stadiums.

PHOENIX-Local tenants and low operating expenses prove valuable selling points in the recent purchase of the 21,595-sf Cave Creek Plaza, a 96%-leased retail property in North Phoenix. The deal breaks down to $150 per sf, a relatively low price, the broker says.