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UDLR Healthcare Buys AZ Medical Property in $13.5 Mil 1/18/24 UDLR Healthcare purchased Thunderbird Medical Pavilion, a 92.8k sf, mission-critical, on-campus medical property in Glendale, AZ, for $13.5 mil ($145/sf). The property, located at 5757 Thunderbird Rd, was sold by Banner Healt...
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CA Investment Entity Buys TX Office Building 1/17/24 A CA-based family-owned investment entity bought Parkway Centre IV, a 153.2k sf office building located along the Dallas North Tollway in Plano, TX. The price was not disclosed.
Located at 2701 Dallas Pkwy, the property is s...
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AZ Medical/Office Building Trades in $9.3 Mil Deal 1/16/24 Woodside, a Texas-based investment firm, paid $9.325 mil for Talavi Corporate Center, a 153.3k sf ($61/sf), three-story office and medical office property in Glendale, AZ, in an all-cash purchase. The property was sold by Reg...
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RJ Schinner Leases 60k sf of Space in Aurora, CO 1/12/24 RJ Schinner, a wholesale distributor of foodservice, paper and janitorial supplies based in Wisconsin, inked a lease for 60.3k sf of space at Clarion Gateway 27 in Aurora, CO. Located at 19080 E. 38th Ave. in Aurora, the buil...
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KT Development Buys Three-Acre CO Site for Hotel Development 1/11/24 KT Development acquired a three-acre land site in Centennial, CO (Arapahoe County) for the development of a 122-room WoodSpring Suites Hotel. The land was purchased for $1.2 mil and construction for the project is anticipated...
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Colorado Res Community Gets New Owner 1/10/24 Orion Real Estate Partners acquired Fielders Creek, a 217-unit apartment community in Englewood, CO. The price was not disclosed.
Located at 3205 W. Floyd Ave in southwest metro Denver, the nine-building, two- and three-stor...
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Colorado Hotel Trades for $162k/Room 1/09/24 Eagle Point Hotel Partners purchased Ascent on Main, a 51-key boutique hotel in Colorado, for $8.25 mil ($161.7k/room). The property is located at 18595 Main St in Parker, a growing southeast suburb of Denver.
Ascent on Main...
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CapRock Partners Picks Up 160k sf WA Industrial Facility 1/09/24 CapRock Partners has acquired The Reserve @ Woodinville, a 159.9k sf, 100% leased, Class A industrial building in Woodinville, WA, within the Seattle metropolitan statistical area (MSA). The purchase marks CapRock Partners’ f...
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Rexford Industrial Realty Ends 2023 with Two SoCal Buys and One Disposition 1/08/24 Rexford Industrial Realty Inc recently acquired two industrial property investments for an aggregate purchase price of $69.5 mil and sold one property for $11.3 mil. The acquisitions were funded using proceeds from forward eq...
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Phoenix Office/Medical Campus Lands New Owner 1/05/24 Big Sky Medical Real Estate has purchased Blackhawk Corporate Center, a three building, 252.4k sf office/medical campus in the Deer Valley submarket of Phoenix. The price was not given out.
Conveniently and strategically pos...
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Stream Real Estate Acquires Seattle Office Building for Residential Conversion 1/05/24 Seattle-based Stream Real Estate purchased Queen Anne Plaza, a four-story, 52.3k sf office building in the heart of Seattle’s central business district, for $7 mil. The 0.33-acre property, which includes two levels of parking...
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BWE Secures Over $26 Mil for Seniors and Affordable Housing Across the Country 1/04/24 BWE closed four financings totaling over $26 mil to refinance, build, and preserve four seniors and affordable housing properties in California, Massachusetts, Ohio, and Florida. The CA financing was for a 99-unit, age-restri...
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Dallas/Fort Worth Industrial Park Acquired by a Private Investor 1/02/24 DFW Corporate Park, a 211.4k sf, flex-industrial park in the Dallas/Fort Worth metroplex area, was acquired by a private real estate investor. The deal was financed with $23.4 mil of senior financing and preferred equity.
Th...
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Chevron is Seeking Sites in Orange County and Riverside County 12/29/23 Site Criteria:
• Pad Size: Approximately 35k sf – 85k sf (0.75 to 2 Acres)
• Demographics: Medium to high density housing or planned growth
• Traffic Volume: Potential of 40,000-50,000 CPD
• Location: Out-parcel near ...
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Old Dominion Freight Line Buys 26 Acres of Undeveloped Land in Colorado 12/26/23 Old Dominion Freight Line Inc (ODFL) has acquired 26.5 acres of undeveloped land in the Airport North submarket of Loveland, CO. ODFL is one of the largest North American less-than-truckload motor carriers.
The industrial si...
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Investor Buys 118 Acres in Arizona 12/22/23 A 118-acre residential development property at the southeast corner of Herseth Rd and Arizona Farms Rd in Florence, AZ traded hands in a recent $2.75 mil deal. The property was acquired by Contadino 2021 Irrevocable Trust.
T...
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Temple City Res Development Opens to the Public 12/22/23 Begonia Place, a four-story, 74-unit residential/retail development in Temple City, has been completed and is now open to the public. The $37.8 mil project was built by C.W. Driver Companies on behalf of Begonia Real Estate D...
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LA Investor Pays $292/sf for OC Biz Park 12/21/23 Harbor Warner Business Center, a 38.6k sf, industrial multi-tenant business park in Santa Ana, was purchased by a private investment fund in an $11.275 mil ($292/sf) transaction. The asset was sold by Rexford Industrial Realt...
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Phoenix Single-Tenant Facility Trades for $200/sf 12/20/23 A freestanding, 35.4k sf single-tenant industrial/flex property in Phoenix traded hands for $7.135 mil ($201/sf). The facility sits on more than 2.5 acres at 2655 E Magnolia St, adjacent to I-10 and Phoenix sky Harbor Interna...
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80 Acres in Casa Grande, AZ Trades 12/20/23 An 80-acre development property on the southwest corner of McDavid Rd and Hidden Valley Rd in Casa Grande, AZ has been sold to Elenes Maricopa, LLC for $940k. The seller was Ropalm Ventures, LLC. Kidder Mathews’ Brian Rosella...
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