MESA, AZ-A California investor puts up $2.2 million for the 44-unit Mesa Mountainview complex, an 18-year-old, fully leased asset attracting multiple offers during the 45-day marketing period.

PHOENIX-A local investor deploys 1031 Exchange capital to buy the fully leased Star Shopping Center on the city's west side. The new owner's next move is a makeover of the 30-year-old plaza.

MESA, AZ-Kitchell spends $11 million to get the land from two sellers in an unsolicited, off-market deal. With Loop 202 under construction and plans afoot for another freeway, Kitchell's eyeing a late 2005 start on office, retail, hotel and residential product.

PHOENIX-Two apartment communities totaling 78 unitsfetch a new owner for $4 million, closing $50,000above the listing price. Sub-3% vacancy over the pasttwo years bolster's the seller's marketing package forthe 4.5-acre property.

PHOENIX-The broker goes against others' advice, splits the 30-unit Camelback Gardens and walks away with a higher price than if it would have sold to a single buyer. A four-plex gets $275,000 and the remaining 26 units corner $1.6 million.

CHANDLER, AZ-First Credit Union purchases a 104,000-sf office building for $10.7 million, with plans to put the corporate headquarters into a little less than a third of the space. Contiguous space for future expansion was key to the deal.

PHOENIX-A Mesa couple earns $1.9 million by selling the Acacia Garden complex to a Scottsdale investor who beat four others with a full list price. The fully leased holding has a $637 average monthly rent.

PHOENIX-Empire Equities takes two of three properties that JPI has the market in Midtown for $62.5 million, pocketing title to the 414-Unit Jefferson on Central and 399-unit Jefferson Steele Park. A third JPI property is still up for grabs.