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November 20, 2018
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TEXAS/SOUTHWEST HEADLINES
AZ Office Asset Goes for $51/sf
11/16/18
Bow River Capital Partners buys 285k sf Grand Central Tower in Phoenix

Nevada Office Property Trades for $7 Mil
11/15/18
30k sf Henderson building had been renovated by the seller, MCA Realty

Investor Spends $9.3 Mil on Two Phoenix Self-Storage Properties
11/14/18
The U.S. Storage Centers assets have a combined 943 units

Value-Add Office Opportunity in Phoenix Goes for $69/sf
11/13/18
Two-story, 29.5k sf building sells for just over $2 mil

AZ Office Asset Trades in $25 Mil Deal
11/08/18
Ascentris buys 82k sf Kierland Corporate Center II in Scottsdale

TX Walgreens Property Goes for $313/sf
11/08/18
Investor spends $4.7 mil on 15k sf, NNN asset in Mesquite

St. Regis Properties Buys 375-Unit TX Multifamily Property
11/07/18
Deal is for RiverVue Apartments in Forth Worth

Stos Partners Acquires 1.35 msf Industrial Portfolio in TX at U.S. Border
11/06/18
Laredo purchase consists of eight buildings

Commercial Real Estate Financing Briefs
11/05/18
Recent transactions from HFF, Newmark, iBorrow and George Smith Partners

G2 Capital Makes $11 Mil Phoenix Office Buy
11/02/18
Deal is for 136k sf, two-building complex sold by Glasir Capital Partners

The Krausz Companies Spends $59 Mil on 400k sf Retail Asset in Las Vegas
11/01/18
Firm buys majority of Tropicana Beltway Shopping Center from Weingarten Realty

Phoenix Industrial Market Sees Strong Absorption Through First Three Quarters of 2018
10/29/18
JLL Report expects this trend to continue, due in part to rise in demand from data center users

Capstone Advisors Spends $6.6 Mil on AZ Industrial Asset
10/25/18
Company picks up First Rose Garden Commerce Center in Phoenix

Simplified Properties Buys 17k sf AZ Retail Asset
10/26/18
Firm picks up Parkway Village in Goodyear

Self-Storage Portfolio in Los Angeles and Houston Trades Hands
10/24/18
Cardiff Mason Development sells two institutional-quality properties with 158k sf of space

Scottsdale Medical Office Building Goes for $200/sf
10/23/18
Plastic surgeon to renovate the 17k sf facility into a Class C surgery center

Keter Plastic Leases 323k sf of AZ Industrial Space
10/22/18
Firm takes two buildings at Fiesta Tech Center in Gilbert

AZ Industrial Property Trades for $16 Mil
10/18/18
Bay Capital LLC buys 70k sf Iridium @ Price Road Corridor in Chandler

Sterling Organization Pays over $15 Mil for 99k sf Shopping Center in Phoenix
10/12/18
Purchase funded with $9.1 mil loan

Tower 16 Capital Partners Buys 540-Unit Res Community in Vegas
10/11/18
San Diego firm pays $92k/unit for Cornerstone Crossing Apartments

Scottsdale Sport & Classic Motorcar LLC Buys Showroom Facility in Scottsdale
10/09/18
High-end auto seller to relocate from San Francisco

Commercial Real Estate Financing Briefs
10/08/18
Recent transactions from CBRE Capital Markets, NorthMarq Capital and Newmark

Phoenix Distribution Facility Sells for $98 Mil
10/05/18
Deal is for 1 msf Buckeye Logistics Center, occupied by Amazon

TruAmerica Multifamily Makes $77 Mil Investment in Two Las Vegas Apartment Communities
10/05/18
Firm buys Crossings at Green Valley and The Retreat, totaling over 500 units

Tucson Res Community Sells for $60/Unit
10/04/18
Purchase of 200-unit Mission Creek Apartments financed with $9.3 mil Freddie Mac loan

Colorado Resort to Make Capital Improvements after Securing $13.5 Mil in Financing
10/04/18
HFF arranges new loan on The Sebastian – Vail hotel and club property

Westland Real Estate Group Acquires Over 1,100 Res Units in Las Vegas
10/02/18
CA firm pays $60 mil for two multifamily communities

Master-Planned, Mixed-Use AZ Development to Move Forward with $105 Mil in Financing
9/28/18
George Smith Partners arranges money for Fenix Development’s The Watermark Tempe project



 


 


 
 
 





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