A 12-story office building at Hayden Ferry Lakeside has sold for $86 million. The Hayden Ferry Lakeside II building was sold to Parkway Properties Inc., which owns the adjacent 8-story office tower. The seller was not disclosed by real estate brokerage CBRE, which represented the buyer and seller.

A 222-unit apartment complex in Mesa has sold for $17.4 million. Cortona at Dana Park was sold by an institutional seller to Virtu Investments LLC of Larkspur, Calif. The gated community at 1440 S. Val Vista Drive was built in 1986 and was 95 percent occupied at the time of the sale. The seller was represented by CBRE’s Phoenix office.

A 341-unit apartment complex in Gilbert’s Val Vista Lakes has sold for $28 million. Vista Montana, 3225 E. Baseline Road, was built in 1990 and was 90 percent occupied at the time of the sale.

A Dobson Ranch apartment complex with lakeside views has sold for $29.1 million. Aventerra at Dobson Ranch was sold to Summit Aventerra LLC, an affiliate of California-based Summit Equity Investments Inc. It was sold by Special Servicer LNR Partners LLC, a Florida company that took title through foreclosure in 2010.

Retail occupancy rates are on the rise Valley-wide, and vacant storefronts in the East Valley are filling up at an even faster pace.

Chandler's Innovations technology incubator is expanding by more than 50 percent after signing a lease that will bring the facility to about 63,000 square feet. The city signed a 12-year lease for 25,000 additional feet adjacent to the site it opened at the San Tan Tech Center, 145 S. 79th St.

Growing up in a small town like Casa Grande gave Greg Coxon a strong sense of community.

Some of the Valley’s first new industrial buildings constructed since the recession’s onset are coming out of the ground in Tempe as the East Valley’s warehouse vacancy rate continues to fall.

The Valley's first speculative office building in more than two years is being constructed in Chandler, where vacancy rates have plummeted in spite of the shaky economic recovery.

Jill Mann fields a lot of calls from executives looking to organize charity golf tournaments. But the golf sales manager for The Phoenician had never heard a message like the one from Michael Young.

The depth of the Great Recession was front and center in the daily lives of East Valley residents as storefront after storefront emptied out of the area’s countless and prominent shopping centers.

The never-occupied office complex at Mesa Riverview has been sold in a fire sale, and the new owner is beginning efforts to bring life to the center’s most struggling component.

Michael Young knocks on some pretty big doors. He has met with chief executive officers of large Valley firms and interviewed officials at golf courses where he considered holding an annual charity tournament.

Vacancy rates for retail space dipped below 5 percent for the first time in Valley history, meaning demand for shop space is at an all-time high, according to the Phoenix office of CB Richard Ellis, a real estate brokerage services firm.

Jill Mann fields a lot of calls from executives looking to organize charity golf tournaments. But the golf sales manager for The Phoenician had never heard a message like the one from Michael Young.

Rib lovers will have to wait a little longer for Famous Dave’s Pit Bar-B-Que at 3250 W. Frye Road in Chandler.

Getting the goods on Google is no easy task. The company whose business is the free flow of information is top secret about where it plans to move its software technology center in the Valley.

Getting the goods on Google is no easy task. The company whose business is the free flow of information is top secret about where it plans to move its software technology center in the Valley.

Getting the goods on Google is no easy task. The company whose business is the free flow of information is top secret about where it plans to move its software technology center in the Valley.

Gilbert resident Carly Dyar may have the summer vacation of a lifetime.