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February 27, 2021

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TEXAS/SOUTHWEST HEADLINES

Republic National Distributing Company Inks $12 Mil Lease for New AZ Industrial Building
2/25/21

174k sf facility in Tolleson was built by Hopewell Development

Draftsmen & Craftsmen
2/25/21

Outside the Lines is creating a unique show fountain as part of phase II at Mountain View Village retail center in Riverton, UT

Transwestern Investment Group and Stanmore Partners to Develop 336-Unit TX Res Project
2/24/21

Stanmore Warner Ranch to consist of seven garden-style buildings

Conor Commercial Completes Spec Industrial Project in Mesquite, TX
2/24/21
Skyline Commerce Center consist of two buildings totaling 198k sf of Class A space

Barker Pacific Group and Artemis Real Estate Partners Spend $39.5 Mil on Trio of AZ Self Storage Properties
2/24/21

Transaction is for 2,189 units in Gilbert and Phoenix

Urban Communities Buys 286-Unit Phoenix Multifamily Community for $38 Mil
2/23/21

Sterling Real Estate Partners sells Seventh Apartments for $134k per unit

Las Vegas Res Community Acquired by Next Wave Investors
2/23/21

216-unit Spanish Oaks goes for just over $28 mil

Prologis Pays $200/sf for Vegas Industrial Property
2/23/21

24.5k sf, Class A building was constructed in 2016

Alturas Capital Partners Buys 325k sf CO Office Asset
2/22/21

Purchase of NorthCreek Office Complex in Colorado Springs financed with $34 mil loan arranged by Cushman & Wakefield

Miller Global Properties and Principal Real Estate Investors Buy 300k sf Office Building in Denver
2/19/21

Deal financed with $59 mil loan arranged by JLL and provided by Mesa West Capital

Commercial Real Estate Financing Briefs
2/19/21

Recent deals from CBRE, Gantry, Highland Realty Capital and Radar Capital Partners

Dynarex Corporation Leases 250k sf of AZ Industrial Space
2/19/21

Firm to use location as its Southwest regional distribution facility

Work Completed on 155k sf Expansion to Las Vegas’ Showcase Mall
2/17/21

Nadel designed addition to Gindi Capital’s retail/entertainment destination on the Strip

Dogwood Industrial Properties Buys New 152k sf Class A Industrial Asset
2/17/21
Facility is part of Titan Development’s Innovation Business Park III in Hutto

CA Investor Exchanges into Phoenix Retail Building for $5.25 Mil
2/16/21

16k sf multi-tenant property was 93% occupied at time of sale

The Bascom Group Buys 350 Units in Texas
2/16/21

Firm’s 36th TX acquisition is Cantera at Towne Lake in Cypress

BH Properties Buys Navarro Building and Garage in San Antonio
2/16/21

Structure was constructed in 1968 as part of the World’s Fair

Madera Residential Acquires 620-Unit Multifamily Community in Houston
2/15/21

PCCP LLC provides $86 mil loan for purchase and renovation of Domain and Lofts at CityCentre

Westcore Acquires 150k sf CO Warehouse Property
2/12/21
$20 mil purchase is of Dove Valley Business Center II in Englewood

WhiteHaven Capital Spends $16 Mil on Phoenix Apartment Complex
2/15/21

Purchase of Villa De La Paz works out to $154k per unit

ViaWest Group Acquires Two Tempe Office Assets for Redevelopment into Industrial Buildings
2/12/21

JLL arranges $40 mil loan for purchase and conversion of the properties

Millburn & Company Closes $178 Mil Multifamily Purchase in Phoenix
2/11/21

Firm buys 832-unit Heritage at Deer Valley from Priderock Capital Partners

Inter-Cal Real Estate Buys Vegas Medical Office Building from PacVentures Inc
2/11/21

14.7k sf property goes for $4.55 mil

Held Properties Buys Scottsdale Office Property
2/11/21

Firm picks up 149k sf Raintree Corporate Center I from ViaWest Group

New CO Retail Pad Building Goes for over $500/sf
2/10/21

10k sf property is at Denver Airport Hotel Row

Tishman Speyer Buys 240k sf The Foundry in East Austin
2/09/21

Purchase consists of two office buildings, one just completed and the other still under construction

ViaWest Group Breaks Ground on 25-Acre Phoenix Logistics Project
2/08/21

Initial construction at Central Logistics Center to include two new industrial facilities

Plastipak Packaging Inks Expansion/Renewal Lease for 470k sf in Garland, TX
2/08/21

Firm inks long-term deal at 532k sf facility owned by Duke Realty Corp

Miami Investment Firm Spends $43.5 Mil on CO Office Asset
2/05/21

Acquisition is of 153k sf, single-tenant building in Colorado Springs

MCA Realty Sells Off Vegas Assets for $17.26 Mil
2/05/21

Separate transactions were for three industrial buildings and a land parcel

Black Lion Investment Group Buys Arizona Retail Asset
2/05/21

Pick-up is of 150k sf Oracle Wetmore in Tucson

Oaktree Capital Management Buys Arizona Multifamily Asset for $295k per Unit
2/05/21
220-unit The Core Chandler sold by Sunrise Luxury Living

Tradewind Properties and American Nevada Company to Build 300-Unit Res Project in Henderson
2/04/21
Construction of Olympic and Mountain Vista Apartments being funded by $35 Mil loan arranged by CBRE

OC Investment Group Closes $10 Mil Buy of AZ Industrial Asset
2/04/21

62k sf facility is fully leased on long-term basis

Visit the Texas/Southwest Headlines Archive