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• DWG Capital Partners Acquires 73k sf AZ Industrial Facility for $10 Mil
9/28/23
DWG Capital Partners purchased a 72.8k sf manufacturing and distribution facility in Mesa, AZ for $10 mil ($137/sf) in a sale-leaseback transaction. The property, located at 260 S. Hibbert St, is fully occupied by custom engi...
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• Montana FedEx Ground Facility Trades as Part of a 1031 Exchange
9/28/23
A 200k sf, distribution center for FedEx Ground in Belgrade, MT was purchased for $47.7 mil by California Gateway, a private family entity as part of a 1031 exchange. The property, a build-to-suit development, is located at 2...
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• Community Preservation Partners Acquires Two Res Communities in Albuquerque, NM with Plans to Preserve their Affordable Housing Status
9/27/23
Community Preservation Partners (CPP) has purchased two developments in Albuquerque, NM for $22.3 mil, with plans to renovate and maintain them as affordable housing. The projects, Mountain View II and III, were built in 1967...
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• ViaWest Group Lands $96.5 Mil in Construction Money for AZ Logistics Project
9/27/23
ViaWest Group has obtained $96.5 mil in construction financing for The Base, Phase I, a seven-building logistics development totalling 1.2 msf in Glendale, AZ. The financing was arranged by JLL Capital Markets and funded by b...
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• Peri & Sons Farms Spends $27.5 Mil on 2,400-Acre Farmland Portfolio in CA’s Imperial County
9/27/23
Peri & Sons Farms, a family farming operation based in Nevada, has acquired a 2,411-acre portfolio of agricultural farmland located in the sought after Holtville submarket of Imperial County, CA, in a $27.5 mil transaction. K...
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• Single-Tenant Kohl’s Store in Texas Gets new Owner for $14.6 Mil
9/26/23
A 55k sf, single-tenant retail property occupied by Kohl’s in Katy, TX was acquired by an out-of-state 1031 exchange buyer for $14.65 mil ($266/sf). The property, located at 25735 Nelson Way, was sold prior to completion of c...
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• Texas Industrial Property Trades in $10 Mil Sale/Leaseback
9/25/23
A multi-building, 50k sf, industrial/flex property in Midland, TX traded hands in a $10 mil sale/leaseback deal. Built in phases from 2018 to 2022, the property sits on just over 14 acres at 10817 West County Rd 75.
The prop...
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• A.M. Castle & Co Inks $46 Mil Lease for 282k sf Facility in Paramount
9/22/23
A.M. Castle & Co agreed to an 84-month renewal/expansion lease for a 282k sf facility in the city of Paramount, in a transaction worth $46 mil. The company, a provider of metals, services and supply chain solutions, will expa...
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• AZ Industrial Building Bought by Owner/User in $5.5 Mil Deal
9/21/23
A 23.4k sf industrial building in Gilbert, AZ sold for $5.5 mil, or $235/sf, to a family-owned corporation. With the sale, the building will become the headquarters of Swain Electric, a Gilbert-based electrical contractor. Th...
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• Office Property in Fort Collins, CO Trades for almost $500/sf
9/20/23
A 6.8k sf office building in Fort Collins, CO traded to a Colorado-based limited liability company in a recent $3.2 mil ($471/sf), off-market transaction. The property is located at 2024 E. Harmony Rd.
Built in 2015, 2024 E...
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• Slick City Action Park Leases 34k sf of Space at AZ Retail Center
9/20/23
Slick City Action Park has inked a 10-year lease for 34.4k sf of space at Thunderbird Village, an 85k sf retail center located on the northwest corner of 75th Ave and Thunderbird Rd in Peoria, AZ. Slick City Action Park is an...
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• Terreno Realty Corporation Picks Up Santa Ana Site for Redevelopment
9/19/23
Terreno Realty Corporation spent $14.8 mil for a 4.9-acre site containing three multi-tenant office buildings at 1720 E Garry Ave in Santa Ana leased on a short-term basis. The property is located immediately adjacent to the ...
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• Calvera Partners buys 192-Unit Multifamily Property in Forth Worth, TX
9/19/23
Calvera Partners recently acquired Saddlehorn Vista Apartments in Fort Worth, TX. This purchase is Calvera's first acquisition in the Dallas-Fort Worth metro (DFW) and the final acquisition in its third value-add investment f...
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• Arizona Medical Office Complex Sells for $4.6 Mil
9/15/23
Sun West Medical Complex, a 17.5k sf medical office property in the outskirts of Phoenix, was acquired by a private investor in a $4.62 mil ($264/sf) transaction. The property is located at 13920 West Camino Del Sol, just ea...
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• Rockefeller Group Picks Up Former Walmart Site in North Las Vegas
9/13/23
Rockefeller Group has purchased a former Walmart Supercenter site in North Las Vegas for the development of two speculative industrial buildings totaling 369.2k sf. The company will develop Craig Road Logistics Center on a 19...
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• TX Hotel Lands $21 Mil Refi
9/13/23
Cotton Court, a 165-room hotel in Lubbock, TX, was refinancing with a new fixed-rate, first mortgage for $21 mil. The financing was arranged by Sonnenblick-Eichner Company and funded by a Wall Street investment bank.
The u...
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• Echo Real Estate Capital Buys 11.6 Acres of AZ Land for Industrial Development
9/12/23
Echo Real Estate Capital Inc acquired a fully entitled, 11.65-acre industrial development site in Surprise AZ for $7.1 mil. The land, located at 132nd Ave and Peoria Ave, will be used to build “Echo Park @ P132”, four new sin...
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• Class A Industrial Facility in Tulsa, OK Trades for $84/sf
9/11/23
Craft Capital LLC purchased a 178.2k sf, Class A industrial building in Tulsa, OK in a $14.9 mil ($84/sf) transaction. The property was sold by Titan Sports and Performance Center LLC.
Built in 2018, the property is located ...
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• Industrial Development Site in the Boise Area Trades Hands
9/08/23
A fully entitled 12.71-acre industrial development site in Caldwell (Boise), ID was purchased by an unnamed transportation company. The shovel-ready site is located at Smeed Pkwy and Skyway St, within the Sky Ranch Business P...
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• Artisan Ventures and an affiliate of Walton Street Capital Pick Up 160k sf SoCal Portfolio
9/06/23
Artisan Ventures and an affiliate of Walton Street Capital L.L.C. have acquired a portfolio known as the “SoCal 2-Pack,” consisting of two light industrial assets located in Santa Fe Springs and Brea totaling 159.5k sf of spa...
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