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May 23, 2019
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TEXAS/SOUTHWEST HEADLINES
AZ Dutch Bros Property Sells for $2,500/sf
5/22/19
Recently completed building in Prescott is the second location in the city for the drive-thru coffee retailer

Commercial Real Estate Financing Briefs
5/20/19
Recent transactions from Sonnenblick-Eichner Company, NorthMarq Capital, Newmark Realty Capital and Wilshire Quinn Capital

Houston Area Multifamily Community Refinanced with $36.5 Mil Loan
5/16/19
PCCP arranges money for Arel Capitalís Bayou on the Bend

Eisenberg Company Acquires 33 Acres for Two AZ Industrial Projects
5/15/19
Avondale and Tolleson developments will total over 500k sf

New Mexico Staples Sells for $123/sf
5/15/19
24k sf property is in high desert town of Hobbs

322-Unit Res Development in Denverís Golden Triangle Now Open for Leasing
5/14/19
TriVista on Speer is a development of Legacy Partners with USAA Real Estate

Gelt Inc Spends $62 Mil on CO Residential Community
5/10/19
L.A. firm buys 384-unit Cedar Run Apartments in Denver

AT&T Marketing Portfolio of 33 Industrial Sites in CA and TX
5/10/19
Listing of potential redevelopment / value-add properties awarded to CBRE

TruAmerica Partnership Spends $97 Mil on Res Properties in Las Vegas and Atlanta
5/09/19
Venture acquires 608 units in two assets

CapPlus Technologies Buys 20k sf Industrial Facility in Phoenix
5/09/19
Firm pays $142/sf for property in cityís Deer Valley submarket

Net-Leased, Single-Tenant Industrial Facility in Texas Fetches $154/sf
5/08/19
Brookshire building occupied by H&E Equipment Services

Two AZ Carlís Jr Stores Sell for $3.4 Mil
5/08/19
Properties are acquired by Phoenix franchisee with other locations

IDM Companies Secures $54 Mil for Development of Two AZ Res Projects
5/08/19
PCCP LLC provides money for Goodyear and Gilbert projects, totaling 886 units

Continental Realty Advisors Collects Over $200 Mil from the Sales of Four Multifamily Communities
5/07/19
The properties total more than 1,400 units and are located in Phoenix, Las Vegas, Dallas and Memphis

Seefried Industrial Properties and Crow Holdings Capital Real Estate Buy 40 Acres in AZ for Development
5/06/19
Venture to develop two-building, 650k sf distribution center

Investors Trade Two AZ Gas Stations for $5.5 Mil
5/02/19
Assets include an ARCO in Phoenix and a Chevron in Tempe

Consolidated Electrical Distributors Leases 51k sf in Phoenix
4/30/19
Firm inks deal within cityís Central City submarket

Residential Tower Project in Austin, TX Lands $88 Mil in Construction Funding
4/30/19
Highland Realty Capital arranges loan for 249-unit 48 East Avenue

Harsch Investment Properties Completes 724k sf of Industrial Buildings in North Las Vegas
4/29/19
Two latest facilities are at Speedway Commerce Center III

PCCP LLC and Hopewell Development to Start 245k sf of Spec Industrial Buildings in Phoenix
4/29/19
Three buildings are located in the regionís Southwest Valley submarket

Stanton Road Capital Buys 210k sf TX Office Building
4/29/19
Firm acquires Campbell Glen II in Dallasí Richardson submarket

Passco Companies Acquires 330-Unit TX Multifamily Asset
4/25/19
Firm buys The Grayson in Houston submarket

Premier Business Centers Rebrands to Premier Workspaces
4/25/19
Premier offers a creative alternative to traditional office space with customized workspace solutions

Local Buyer Pays $3 Mil for AZ Multi-Tenant Retail Building
4/25/19
Deal is for 12.6k sf Arrowhead Festival property in Glendale

Renovations on 1 msf Arizona Center Completed
4/24/19
Phoenix mixed-use complex underwent $25 mil in improvements

TX Office High-Rise Project Receives Platinum Pre-Certification
4/23/19
1 msf Texas Tower is a development of Hines and Ivanhoť Cambridge

Newly Constructed Medical Office Property in Sparks is Sold
4/22/19
10.4k sf facility is leased by a new DaVita Kidney Care center

Conor Commercial Real Estate and Globe Corporation Acquire 19 Acres in Phoenix for Spec Industrial Project
4/22/19
Airport 40 development will consist of two buildings totaling 320k sf

Commercial Real Estate Financing Briefs
4/19/19
Recent transactions from Marcus & Millichap Capital Corp, Newmark Realty Capital and George Smith Partners

Vegas Office Asset Trades in $20 Mil Deal
4/18/19
Purchase is of 59k sf, single-tenant building in the Summerlin area

Chicago-Based Investment Entity Spends $26 Mil on AZ Apartment Community
4/17/19
Purchase is of 164-unit Tatum Place in Scottsdale

Metro Phoenix Office Market Sees 1 msf of Absorption in the First Quarter of this Year
4/17/19
Current pace well ahead of last year, per research from JLL

Phoenix Office Asset Trades for $5.2 Mil
4/12/19
Investor pays $160/sf for building in regionís Deer Valley submarket

CT Realty Underway with 883k sf Distribution Project in the Fort Worth Market
4/11/19
Two-building TX development is geared to modern logistics needs

Investor Buys 29 Acres in the Phoenix Area and Immediately Sells Off 18.5 Acres in Two Other Deals
4/11/19
Trio of transactions in the Deer Valley market total about $20 mil

Weingarten Realty Pays $20 Mil for AZ Retail Center
4/10/19
Firm buys 90k sf Madison Village Marketplace in Phoenix

AZ Office Campus Trades in $11.3 Mil Deal
4/10/19
91k sf Fiesta Tech Business Centre in Mesa purchased for $124/sf

Work Started on 46-Story Luxury Res Tower in Downtown Houston
4/09/19
The Preston is a development of Hines, in partnership with the Cresset-Diversified QOZ Fund

Continental Realty Advisors Spends $14 Mil for 63-Unit Res Community Just Off the Vegas Strip
4/05/19
Firm pays $222k/unit for The Onyx

Construction to Start this Summer on Class A Medical Project in Tucson
4/05/19
Two-story St. Maryís Medical Pavilion being built by PMB

Iron Point Partners LLC and Barker Pacific Group Buy Phoenix Office Complex
4/04/19
Deal is for 737k sf City Square campus

CTDI Leases 700k sf Distribution Facility in Texas
4/02/19
Property is located in Fort Worth

AZ Multifamily Property Trades in $8.7 Mil Deal
4/02/19
Sale is of 128-unit Puesta Del Sol in Phoenix

Balfour Pacific Capital Closes $42 Mil Office Buy in Phoenix
4/02/19
Purchase is of 458k sf Phoenix Corporate Tower



 


 


 
 
 





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