|
• Stockbridge Capital Group Acquires 6.35 msf Industrial Property Portfolio
8/19/19
San Francisco-based Stockbridge Capital Group has acquired a 6.35 msf industrial portfolio from Westcore Properties. The price was not disclosed.
With 26 assets across nine markets in five states, the portfolio is nearly 100...
|
• Trammell Crow Company to Build Spec Office Project in Scottsdale Airpark Submarket
8/16/19
Trammell Crow Company (TCC) Phoenix has unveiled plans for its newest development, Axis Raintree. The Scottsdale, AZ project will include a 175k sf, three-story, Class A speculative office building with a structured garage. C...
|
• Scottsdale Office Property with Airport Hangar Sells for $3.3 Mil
8/16/19
A 16.9k sf building on 1.4 acres of land in the Scottsdale Airpark submarket of Scottsdale, AZ, traded hands for $3.3 mil ($195/sf). The property, located at 16009 N. 81st St, includes office space and an airport hangar.
Ori...
|
• Pathfinder Partners Closes $20.7 Mil Value-Add Buy in Colorado
8/15/19
In what is viewed as a value-add multifamily buy, Pathfinder Partners paid $20.725 mil for The Station, a 97-unit ($214k/unit) community in Littleton, CO, a suburb of Denver. Constructed in 1983, the property is located at 21...
|
• Innovatus Capital Partners Closes $107 Mil Office Buy in Phoenix
8/15/19
Innovatus Capital Partners LLC closed on what we’re told is the highest priced office buy in metro Phoenix so far this year, paying $107.6 mil for Waypoint, a 427k sf ($252/sf) suburban Class A office campus. The four-buildin...
|
• Vegas Industrial Complex Trades in $42 Mil Deal
8/15/19
MCA Realty has acquired Equus Business Center, a 357.6k sf, multi-tenant industrial property in Las Vegas, in a recent off-market transaction for $42 mil ($117/sf). MCA Realty plans to rebrand the property as Central Seven Co...
|
• Phoenix Office Building Purchased for $43.5 Mil by Albany Road Real Estate Partners
8/14/19
Quattro, a 265k sf, multi-tenant office building in Phoenix, sold for $43.5 mil ($164/sf). The building is located at 4310-4350 E. Cotton Center Blvd, just south of Broadway, a few blocks from I-10.
Quattro is a flex office...
|
• Ribbon Communications Takes 110k sf at TX Biz Campus
8/14/19
Ribbon Communications has signed a long-term lease for 110k sf of space at the Legacy Central campus in Plano, TX. Terms of the lease were not disclosed.
Legacy Central is a 950k sf, Class AA campus spanning 85 acres at the ...
|
• Investors Trade Single-Tenant Walgreens Property in Arizona
8/12/19
A San Diego-based fund paid $2.23 mil for a 13.9k sf ($160/sf), single-tenant retail property fully occupied by Walgreens in Gilbert, AZ. Walgreens recently signed a corporate-guaranteed lease extension for the property, whic...
|
• CapRock Partners Buys 226k sf AZ Industrial Asset in a Venture with CenterSquare Investment Management Client
8/08/19
CapRock Partners, in a venture with an institutional client advised by CenterSquare Investment Management, purchased Papago Distribution Center, a 226.4k sf, Class A industrial property in Phoenix, AZ. The price was not discl...
|
• Walmart-Anchored Shopping Center in Henderson, NV Sells
8/08/19
Tabani Acquisitions LLC purchased Eastgate Plaza, a 96.6k sf, Walmart-anchored shopping center in Henderson, NV. The price was not disclosed.
Built in 2002, Eastgate Plaza is located at 510-560 Marks St, 15 minutes from the ...
|
• Five AZ Apartment Properties Trade in $13.4 Mil Worth of Deals
8/08/19
Five AZ apartment communities sold in recent deals that totaled $13.43 mil. The properties have a combined 158 units.
Crowne Pointe, a 35-unit garden style apartment community at 1815 W. Colter St in Phoenix sold to 1815 CP...
|
• Latest Signings Bring 442k sf CO Retail Center to 99% Leased
8/06/19
Village at the Peaks, a 442k sf shopping center in Longmont, CO, now stands at 99% leased, thanks to three recent leases for about 42k sf of space. These latest signings were with Burlington, Bank of America and Nothing Bundt...
|
• Legacy Partners Starts Work on 363-Unit CO Res Development
8/06/19
Legacy Partners has broken ground on Legacy at Fitz, a 363-unit residential project in Aurora, CO. Located at 1363 N. Victor St, the five-story community is Colorado’s first large-scale residential development to break groun...
|
• 165k sf AZ Shopping Center Trades in $13 Mil Investment Deal
8/06/19
Glenwood Development Company LLC recently purchased Willow Creek Village, a 165k sf shopping center anchored by Safeway in Prescott, AZ, for $13.1 mil ($79/sf). The property was sold by Columbus Pacific Properties, out of San...
|
• AZ Build-to-Suit Occupied by Moog Inc Trades for $10 Mil
8/05/19
A new, 34.1k sf build-to-suit office/flex building in the heart of Gilbert, AZ was purchased for $9.94 mil ($291/sf) by a private investor. The building is fully occupied by Moog Inc, a design and manufacturing company that p...
|
• Phoenix Office Park Acquired for $10.75 Mil
8/02/19
Black Canyon Commerce Park, a three-building, 181.6k sf multi-tenant office park in metro Phoenix’s I-17 Corridor, sold for $10.75 mil ($59/sf). The buyer is Next Gen Black Canyon LLC, an entity controlled by Helix Properties...
|
• Bluerock Real Estate Buys 644-Unit AZ Res Property
8/02/19
Bluerock Real Estate recently completed a significant multifamily acquisition from TruAmerica Multifamily. The purchase is of Denim Scottsdale, a 644-unit community in Scottsdale.
Located at 7791 E. Osborn Rd, Denim Scottsda...
|
• Light Industrial Project Breaks Ground in North Las Vegas
8/02/19
Construction has started on Matter Logistics Center @ West Cheyenne, a five-building, 725k sf light industrial and warehouse project in North Las Vegas. The $70 mil, master-planned project, a development of Matter Real Estate...
|
• Excelsa Properties Venture with Goldcor Capital Partners Acquires 392-Unit TX Asset
8/01/19
Excelsa Properties, in a joint venture with Goldcor Capital Partners, has acquired Bayou Parc at Oak Forest, a 392-unit, multifamily community in Houston, TX. The acquisition comes approximately six months after Excelsa Prope...
|
Return to the Texas/Southwest area
