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May 6, 2021
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TEXAS/SOUTHWEST HEADLINES
Single-Tenant Facility in Phoenix Sells for $19.5 Mil
5/04/21
133k sf Allred Tech Center sold by Douglas Allred Company

Commercial Real Estate Financing Briefs
5/03/21
Recent transactions totaling $90 mil from David B. Norton, Gantry, Greystone and NorthMarq



Transwestern Real Estate Services Awarded Leasing Assignment for Houston Office Complex
5/03/21
Galleria Park I and II total 392k sf of space

Development Partnership Acquires 141 Acres in Salt Lake City for 2.4 msf of Industrial Product
4/30/21
BCG Holdings, Gardner Batt and Crow Holdings Capital fund to build two projects, Mountain View Industrial Park and Mountain View North, on the land

Tower Capital Arranges $21 Mil for Two AZ Hotel to Residential Conversion Projects
4/30/21
Properties are in Phoenix and Tempe

Construction Started on 86-Unit Res Project at Boulder, CO Mixed-Use Campus
4/29/21
John Buck Company and Element Properties are building Platform on the final parcel at SíPARK development

Investors Management Group Spends $33 Mil on TX Multifamily Property
4/28/21
Firm buys 228-unit Encore281 Apartments in San Antonio

164-Unit AZ Res Community Goes for $28.7 Mil
4/27/21
Peoria Apartment Homes in Glendale fetches $175k/unit

AZ Industrial Property Gets New Owner in $35 Mil Transaction
4/26/21
Nearon Enterprises buys 417k sf 91st Avenue Distribution Center in Tolleson

Madera Residential Purchases 270-Unit TX Res Community
4/23/21
Acquisition of Alexan Southside in Houston funded with $30 mil loan from PCCP LLC

Trammell Crow Company and PGIM Real Estate Complete 175k sf Spec Office Building in Scottsdale
4/22/21
Three-story structure sits on over five acres

Transwestern Real Estate Services Lands Leasing Assignment for 835k sf Houston Office Complex
4/22/21
Contract is for Cousins Propertiesí two-building BriarLake Plaza

Private Investors Put to Bed Sale of AZ Single-Tenant Building Occupied by Mattress Retailer
4/21/21
12k sf Flagstaff property goes for $3.3 mil

Las Vegas Multifamily Portfolio Trades for $182 Mil
4/21/21
Tower 16 Capital Partners sells three properties totaling 1,165 units

L.A. Investor Nabs Phoenix Industrial Facility in $7 Mil Buy
4/20/21
50k sf property sold by Regency Technologies in a sale/leaseback deal

The Bascom Group Buys Sierra Charles Apartments in the Tucson Area
4/20/21
196-unit property goes for $11.6 mil

Local Buyer Pays $7.4 Mil for Phoenix Building
4/19/21
Property is leased to a national tire and automotive services company

Erickson Companies Spends $26 Mil on Industrial Portfolio in AZ and CA that It Occupies
4/15/21
Firm using properties as its headquarters and as a regional office

Mile High Development and Chicago-Based Brinshore Development Begin Work on Res Community Near the Colorado State Capitol Building
4/15/21
Designed by KTGY, Capitol Square Apartments will consist of 103 income-restricted units

Investors Trade AZ Multifamily Community for $32 Mil
4/14/21
165-unit The Porter is located in Tempe

AZ Medical Property sells for $700/sf
4/14/21
13.4k sf Phoenix building leased to Fresenius Medical Care

George Oliver to Transform Tempe Office Campus
4/13/21
Firm will spend $14 mil to reposition five-building Hayden Station property

CAMCO Investment Group Invests in 312k sf AZ Office Tower
4/14/21
Dallas firm pays $39.5 mil for The Mesa Tower in Mesa

IHP Capital Partners / Fieldstone Homes Venture Nabs 113 Res Lots Within Utahís Silicon Slopes
4/13/21
Partnership to build upscale, outdoor-oriented homes within the Traverse Mountain Master Plan in Lehi

DWG Capital Partners Picks Up 36k sf TX Industrial Asset in Sale/Leaseback Deal
4/12/21
Columbus facility is fully occupied by The Theut Company

Trion Properties and PCCP LLC Purchase Over 400 Res Units in Colorado
4/09/21
Deal is for two properties in the Colorado Springs area

Jess Hall's Serendipity Leases 40k sf Fort Worth Industrial Space
4/08/21
Deal is within four-building Suffolk Business Park

Realterm Spends $27 Mil on AZ Last-Mile Facility
4/07/21
146k sf Tempe property is fully occupied by FedEx

New Arizona Multifamily Community Boosts Mesaís Res Stock by Nearly 200 Units
4/07/21
Springs at Red Mountain is a development of Continental Properties

KKR Completes $68 Mil AZ Industrial Portfolio Buy
4/06/21
Deal is for 540k sf of buildings sold by Lincoln Property Company

Investor Exchanges into Phoenix Industrial Facility for $16.8 Mil
4/07/21
146k sf property sold by CapRock Partners

Black Creek Group Finishes Spec Industrial Development in Fort Worth
4/06/21
Three-building Carter Park built by Cadence McShane Construction

Palisades Property Trust Buys AZ Industrial Property
4/06/21
Deal is for 65k sf facility in Gilbert

AZ Shopping Center Traded in $12.4 Mil Deal
4/05/21
Sale is of 111k sf The Park at Chandler

NY Pension Fund Advisor Buys 389-Unit AZ Res Property
4/05/21
Almeria at Ocotillo in Chandler sold by Passco Companies

BPM Real Estate Group Spends $110 Mil on PetSmart HQ Campus in Phoenix
4/02/21
Acquisition includes four existing buildings along with land for development of another building

Buyer Pays $178/sf for Medical Office Building in Nevada
4/02/21
13k sf asset located in Henderson



 


 


 


 
 





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