Phoenix

PHOENIX-Opus West will build the 131,850-sf Northgate Corporate Centre on a 13-acre tract that it leased from the state. Work starts in January.

DEER VALLEY, AZ-The company buys five buildings, totaling 81,477 sf or half of the first phase of Alameda Business Park. The extra space will be ready to occupy in early 2008.

PHOENIX-Holland Partners enters the market with the off-market purchase of Fairways at Cave Creek Apartments. The Washington buyer is looking for similar deals in the metro.

PHOENIX-As of August, there were five hotels in the US that had LEED certification, with another 60 in the pipeline.

CHANDLER, AZ-NCS Pearson takes 135,460 sf of the just-completed, class A office space in the Park at San Tan for its consolidation. The move-in will be done by Jan. 1.

PHOENIX-Some believe the fallout was a necessary correction, with the ensuing discipline good for the industry.

MESA, AZ-The Irving, TX company, paying $14.75 million for the dirt, will break ground in early 2008 on its first micro-mill in the US. Completion is set for mid- to late 2009.

TEMPE, AZ-Trillium Residential severs Rio Salado from a 2,434-unit portfolio of unfinished projects that had been on the market and pulled. JPMorgan Chase is the new owner.