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July 11, 2020
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TEXAS/SOUTHWEST HEADLINES
CapRock Partners Buys 146k sf Phoenix Building
7/10/20
Newly constructed facility can accommodate up to four tenants

Three Leases Bring Harsch Properties’ Speedway Commerce Center IV Building in Vegas to Fully Leased
7/10/20
Deals with Ampart LLC, Draken International and Cascadia Vehicle Tents LLC total 90k sf



Merit Partners Picks Up 83 Acres in Phoenix for Development
7/08/20
Firm to build a 900k sf, Class A Industrial Park on the site

Ryan Timpani and Nick Bialkowski Join JLL in Phoenix
7/06/20
Duo will focus on the office market throughout the region

Vegas Self-Storage Property Acquired in a $4.6 Mil Deal
7/02/20
CA investor buys 304-unit RDN Mini Storage

Pension Fund Advisor Buys Two-Property Defense Manufacturing Facility Portfolio
7/02/20
Assets in Fort Worth, TX and Roanoke, VA were sold by Elbit Systems of America

Three Single-Tenant Dutch Bros Coffee Stores in AZ and CO Sold in Separate Deals Totaling $5.65 Mil
7/01/20
Each property traded for over $2,000/sf

PRP Recapitalizes FedEx Office Headquarters in Texas
6/30/20
Firm acquired 264k sf Plano asset in 2017 for $80 mil

Private Investor Exchanges into Caliber Collision Headquarters in Texas
6/29/20
80k sf office complex covers 5.8 acres in Lewisville

Westcore and The Opus Group to Develop 720k sf AZ Industrial Project
6/26/20
Three-building development to be on 51 acres in Avondale

Investor Spends over $9 Mil AZ Retail Asset
6/26/20
Acquisition is part of 34k sf Wigwam Creek Shopping Center in Litchfield Park

MIG Real Estate LLC Buys One-Acre Res Dev Site in Denver
6/26/20
Deal is the first for MIG’s new Qualified Opportunity Zone Business Fund

MAG Capital Partners LLC Buys 139k sf TX Industrial Portfolio
6/25/20
Sale/leaseback deal is for eight-building Fore Aero campus in Haltom City

Joint Venture Buys Scottsdale Development Site
6/25/20
Nearly two-acre purchase goes for $6.65 mil

Draftsmen & Craftsmen
6/24/20
Final Beam Rises at Building One of Lincoln Property Company & Harvard Investment’s 1.35 msf AZ Class A office project

Investor Exchanges into Scottsdale Retail Center
6/24/20
18k sf Northsight Village sells for $3 mil

AZ Industrial Warehouse Traded Between Similar Owner/User Businesses
6/22/20
DS Electronics pays $2.3 mil for 18k sf facility in Gilbert

Phoenix-Area Townhome Community Sells for $450k/Unit
6/19/20
Long Beach Trading Company Inc spends over $8 mil on Lyra Residences

Leon Capital Group Readying to Start Work on 202-Unit Upscale Res Project in Scottsdale
6/18/20
Kierland Apartments to be built by McShane Construction Company

Douglas Allred Company Secures $73 Mil to Start Work on Spec AZ Office Project
6/17/20
Two-building, 300k sf development part of firm’s Park Place campus in Chandler

AZ Coffee Bean & Tea Leaf Sells for $1,259/sf
6/16/20
Monarch Real Estate Holdings pays over $2 mil for 1.7k sf Scottsdale property

Los Angeles Investor Group Spends $12.8 Mil on 173-Unit AZ Res Property
6/12/20
118 units at the Phoenix property are designated as affordable housing

Greenlight Communities Secures $23 Mil in Financing for Phoenix Res Development
6/11/20
Cabana on 99th in the Glendale will feature 286 garden-style apartment units

Sacramento Investment Entity Spends $6.5 Mil on Utah Single-Tenant, Net Lease Asset
6/09/20
14.5k sf building occupied by corporate-operated Walgreens

Wealhouse Capital Management and Western Wealth Capital Land $185 Mil Refinancing on AZ Res Portfolio
6/08/20
Assets consist of five properties with 1,439 units in Phoenix area

CA Buyer Pays $480/sf for AZ Single-Tenant Property
6/08/20
5.6k sf building is leased to Wilhelm Automotive and is part of a larger retail development

Draftsmen & Craftsmen
6/05/20
Graycor Construction Company named general contractor for first phase of 1.2 msf AZ industrial development

Heritage Auctions Inks Deal for Global HQ Location in Dallas
6/05/20
Company leases new 160k sf facility adjacent to DFW International Airport

Newly Constructed AZ Starbucks Goes for $1,100/sf
6/05/20
Single-tenant asset in Glendale purchased for $2.4 mil

Cush Enterprises Invests $30 Mil in the Scottsdale Office Market
6/04/20
Firm buys 105k sf Perimeter Parkview Corporate Center

AZ Retail Asset Sells for $11.7 Mil
6/04/20
Deal is for The Collective Sedona

Chicago Entity Spends $7.65 Mil on Phoenix Single-Tenant Office Asset
6/03/20
61k sf building occupied by a government agency

CapRock Partners Completes Second Closing of CapRock Partners Industrial Value-Add Fund III
6/02/20
Fund has more than $180 mil in capital commitments

MDC Finishes Work on 26k sf Industrial Building in Vegas
6/01/20
Facility offers 28’ clear height and is located within an opportunity zone



 


 


 


 
 





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