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January 26, 2020
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TEXAS/SOUTHWEST HEADLINES
Newport Real Estate Partners Closes $27 Mil Buy of 460-Unit Texas Res Community
1/24/20
Firm picks up The Fountains at the Bayou in Houston

Arizona Multi-Tenant Office Building Awarded LEED Gold Certification
1/24/20
Recognition is for Hinesí 252k sf Offices at Chandler Veridian

Wood Investments Companies Inc Buys 300k sf of Retail Assets in Idaho
1/24/20
Deal is for Canyon Park East and Canyon Park West shopping centers in Twin Falls

Equity Advantage Inc Acquires Phoenix Area Office Building in $11.5 Mil Deal
1/20/20
Firm buys 68k sf Foothills Gateway Corporate Center

Gelt Inc Spends $145 Mil on Denver Area Res Community
1/20/20
Purchase of 472-unit Kallisto at Bear Creek gives the firm nearly 2,500 units in the region

Keech Properties Buys 58k sf AZ Office Building
1/17/20
Glendale property goes for $4.67 mil

Vegas Industrial Portfolio Purchased by Nicola Wealth Management
1/17/20
Acquisition consists of three projects that were 98% leased at time of sale

Douglas Allred Company Secures $185 Mil for Three-Building, 352k sf Project in Chandler, AZ
1/16/20
NorthMarq Capital arranges loan for Northrop Grumman Innovation Systemsí campus within Park Place business park

Pathfinder Partners Buys 60-Unit Res Property in Phoenix
1/16/20
Firm pays $8.4 mil for Park Paloma

AZ Tesla Facility Sells for $340/sf
1/15/20
41k sf property is located within Scottsdale Airpark

Pinnacle Healthcare Spends Over $8 Mil in Purchase of AZ Creative Office Building
1/15/20
27k sf Tempe property acquired in sale/leaseback deal

AZ Retail Center Gets New Owner in $18.5 Mil Deal
1/13/20
Sale is of 170k sf The Groves in Tempe

San Antonio Office Complex Acquired by Exchange Investor
1/10/20
Deal is for 189k sf Parkway Plaza

BH Properties Purchases 60k sf TX Office Building
1/10/20
Four-story structure in Richardson was vacant at time of sale

Two Phoenix Industrial Properties Acquired for $25 Mil
1/08/20
Harrison Properties buys Gateway Corporate Park and Gateway Metro Park

Trio of Single-Tenant Properties Sold for Just Under $9 Mil
1/08/20
Assets occupied by Wilhelm Automotive, Big O Tires and ARCO

CED Greentech Inks Lease for 67k sf in Phoenix
1/07/20
Firm takes light industrial space within Hohokam 10 Business Center

Regal Acquisitions Buys Las Vegas Retail Center for $59 Mil
1/06/20
41.6k sf Silver City Plaza located on the northern end of the Strip

Curry Supply Company Buys 55k sf Flex Building in Gilbert, AZ
1/03/20
Facility was sold by Canadian-based Silent-Aire

Kennedy Wilsonís Fund VI Spends $171 Mil on Two Year-End Acquisitions
1/02/20
Purchases are for a three-property portfolio in CO and a five-building campus in WA

Tower 16 Capital Partners and HG Capital Pay $65k/Unit for Phoenix Res Property
12/31/19
$11.7 mil purchase is for 180-unit Lilly Garden Apartments

Susquehanna Holdings Ltd Spends $90 Mil on AZ Class A Office Asset
12/30/19
Purchase is of 219k sf Grand 1 in Tempe

Phoenix Office Building Purchased for $150/sf
12/27/19
35k sf structure in cityís Midtown market fetches $5.3 mil

CBRE Global Investors Fund Buys 383k sf Industrial Asset in Phoenix
12/26/19
Facility is currently 50% occupied by two tenants

Newly Constructed AZ Res Community Trades for $96 Mil
12/24/19
Starwood Real Estate Income Trust Inc buys 277-unit Alta Drinkwater in Scottsdale

Phoenix Res Community Trades for $31 Mil
12/23/19
258-unit Revival Biltmore goes for $121k/unit

Kennedy Wilson Boosts Multifamily Portfolio by over 1,000 Units
12/23/19
Firmís investment vehicles buy five assets in the Mountain States

Sprouts Farmers Market-Anchored Center in Scottsdale, AZ Trades
12/20/19
Global Retail Investors buys 139k sf The Shops at Gainey Village

Work Started on Spec Scottsdale Office Project
12/19/19
175k sf Axis Raintree is a development of Trammell Crow Company

AZ Showroom Property Trades in $3 Mil Deal
12/17/19
Development Services of America buys 16.5k sf Scottsdale asset

Hines to Break Ground on Luxury Multifamily Development in Phoenix
12/16/19
Adeline to offer 379 units in cityís downtown area

Alaskan Investor Buys Single-Tenant TX Industrial Facility
12/13/19
60k sf Austin building occupied by ABC Supply Company

Almanac Realty Investors to Provide up to $300 Mil of Capital to CIP Real Estate
12/16/19
Money will be used for continued investment into value-add, multi-tenant industrial properties

Single-Tenant Vegas Office Building Trades for $274/sf
12/13/19
67k sf property fully occupied by Shift4

Office Headquarters Building for Pioneer National Resources Acquired by PRP for $584 Mil
12/10/19
Newly completed project contains 1.125 msf over 10 floors

Seefried Industrial Properties Starts Work on 220k sf Industrial Project in North Houston
12/09/19
Ella West Crossing is part of master-planned Pinto Business Park

Pathfinder Partners Completes Remodels on Two Colorado Apartment Communities
12/04/19
Work is on adjacent Henley and Remy properties in Boulder

Phoenix Office Building Sells for $4.95 Mil
12/03/19
Private investor pays $288/sf for 17k sf property

CapRock Partners Buys 95k sf Vegas Biz Park from MCA Realty
12/03/19
$7.85 mil deal is for Walnut Business Park

Cannon Commerical Closes on 214k sf Vegas Retail Buy
12/02/19
Firm buys majority of Westland Fair center

Investor Pays Over $20 Mil for AZ Office / Medical Campus
11/27/19
The Forum at Gilbert Ranch goes for $222/sf

Clark County, Nevada Collects $63 Mil from Disposition of 11 Surplus Land Parcels
11/26/19
Sales were conducted through CREXiís online auction site

New Mixed-Use Community in Salt Lake City Breaks Ground
11/20/19
59-unit Dixon Place being developed by Lowe Property Group and designed by MVE + Partners

Wilshire Capital Partners Acquires AZ Office Property in $54 Mil Deal
11/19/19
Buys 177k sf 3900 Camelback Center in Phoenix from Ryan Companies

Continental Realty Group Spends $50 Mil on Two Vegas Area Res Properties
11/20/19
Acquisitions of Laurel Park Apartments and Villa Del Rio Apartments total 408 units

Compass Acquisition Partners Spends $66 Mil on 488-Unit Asset in Las Vegas
11/19/19
Sandpiper Apartments acquired from Apple Management

Investors Trade AZ Shopping Center for $194/sf
11/19/19
94k sf Lakeview Village at Morrison Ranch in Gilbert is anchored by a 52k sf Bashas grocery store

Reno Industrial Portfolio Sold in $50 Mil Transaction
11/18/19
Seagate Properties-led partnership buys seven buildings totaling 585k sf of space

ViaWest Group Picks Up 26 Acres in Arizona for Industrial Development
11/18/19
Firm leads joint venture in $4.55 mil acquisition in Goodyear

Beverly Hills Buyer Spends $12 Mil on Phoenix Office Asset
11/15/19
96k sf multi-tenant property was recently renovated

AZ Retail Center Sells for $220/sf
11/14/19
Canadian buyer spends over $14 mil on Mountain Vista Plaza in Surprise

Recently Constructed AZ Industrial Building Sells
11/14/19
Deal is for 122k sf Westech Business Center in Chandler

Nevada Office Asset Trades for $321/sf
11/13/19
60k sf building located in Henderson

Lowe Adds 366k sf Office Tower to Its Denver Portfolio
11/13/19
Firm buys Stanford Place II in the Denver Tech Center



 


 


 
 
 





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