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July 30, 2015
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TEXAS/SOUTHWEST HEADLINES
Strategic Storage Growth Trust Inc Agrees to Acquire Certificate of Occupancy Facility in AZ
7/30/15
81k sf self-storage facility located in Phoenix

Abilene Christian University Signs Long-Term Lease for 25k sf in Addison, TX
7/27/15
Firm inks deal at One Hanover Park office building

Buyer Pays $632/sf for AZ Single-Tenant Walgreens Property
7/22/15
15k sf Tucson building occupied by national retailer on NNN basis with 23 years remaining

Reno Multifamily Community Trades Hands in a $23 Mil Deal
7/22/15
Nebraska-based investor pays $67k/unit for 350-unit Sundance West Apartments

California Capital Real Estate Advisors Acquires a Two-Property Distressed Res Portfolio in Las Vegas
7/21/15
Thorofare Capital provides $12 mil in acquisition and repositioning money for the deal

Waco, TX Apartment Community Trades Hands
7/21/15
Sale is for The Retreat at Central Texas Marketplace

Granite Investment Group Spends $90 Mil on Five TX Skilled Nursing Facilities
7/16/15
Newly acquired assets contain 684 beds

Walmart and Custom Bilt ink Deals for Majority of Space at Tiger Industrial Center in Phoenix
7/15/15
Firms take 80k sf at two-building, 103k sf property

CBRE Arranges $51 Mil in Financing for Utah Multifamily Portfolio Buy
7/14/15
Gelt Inc uses money to acquire two apartment properties totaling 628 units

Adler Realty Investments Spends $5.5 Mil on Phoenix Industrial Investments
7/10/15
Purchases were made with proceeds of a recent land sale to complete a 1031 exchange

Vegas Retail Center Trades for $52 Mil
7/09/15
Cornerstone Investors pay $349/sf for Crossroads Towne Center

MIG Real Estate Wraps Up 130k sf Denver Biz Park Buy
7/08/15
OC firm acquires four-building Iliff Business Park

ViaWest Group Buys 70k sf AZ Industrial Asset
7/07/15
Three-building Bell17 Industrial located in North Phoenix’s Deer Valley submarket

Strategic Capital Acquires 272-Unit Houston Res Complex
7/08/15
Recently developed Broadstone Post Oaks was sold by Alliance Residential Partners and Prudential

Whitestone Buys Two Austin, TX Retail Assets
7/07/15
Firm pays $45 mil for Parkside Village North and Parkside Village South

Steadfast Apartment REIT Acquires Over 600 Units in Colorado
7/06/15
Firm spends $91 mil on Bella Terra at City Center and Hearthstone at City Center in Aurora

Spec Developments Reducing Impact of Positive Absorption Gains in Phoenix
7/06/15
2nd quarter report from JLL explain relatively stagnant vacancy numbers for the region

Gelt Inc Adds to Salt Lake City Investments with $67 Mil Purchase of 628 Units
7/02/15
LA firm makes second buy in the region and plans to invest another $250 mil over the next 12 months

AZ Office / Hangar Facility Purchased by Southwest Jet Center
7/01/15
74k sf facility offers direct runway access at Phoenix Mesa-Gateway Airport

Houston Senior Housing Project to Start after Landing $49 Mil in Construction Money
7/01/15
The Village of River Oaks is a development of Bridgewood Property Company and Harrison Street Real Estate Capital

Lowe Enterprises Investors Buys 437k sf Phoenix Office Asset
6/30/15
Purchase is financed with five-year loan arranged by CBRE Capital Markets team

BH Properties Pays $39 Mil for 1.8 msf Industrial Portfolio in Sacramento, CA and Fort Worth, TX
6/30/15
Five properties purchased from former RadioShack Corporation entity in a Chapter 11 sale

Partners Capital Acquisitions Purchases Las Vegas Area Retail Center
6/29/15
Gramercy Commons is located in Spring Valley

Newmark Realty Capital Arranges Purchase Money for 88k sf AZ Shopping Center
6/29/15
New 10-year loan is for Northsight Village in Scottsdale

Premier Business Centers Opens Its First Las Vegas Location
6/26/15
New 22k sf center is within South Rainbow Business Park

Cypress West Partners Teams with MedProperties Holdings in Purchase of Two AZ Medical Office Properties
6/25/15
Assets are located in Scottsdale and total 71.5k sf of space

Parallel Capital Partners Closes $94 Mil Phoenix Office Buy
6/23/15
San Diego firm picks up 410k sf One North Central tower

 


 
 
 
 





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