|
• Single-Tenant Facility in Phoenix Sells for $19.5 Mil
5/04/21
Allred Tech Center, a 132.7k sf, single-tenant industrial building in Phoenix, traded for $19.5 mil, or $147/sf. The asset was sold by Douglas Allred Company.
Situated on 8.39 acres at 10027 S. 51st St, Allred Tech Center wa...
|
• Next Wave Investors Acquires 374 Res Units in the Pacific Northwest
4/29/21
Next Wave Investors LLC has acquired two multifamily properties in the Pacific Northwest in deals totaling just under $50 mil. The acquisitions were of Serrano North and South, a 300-unit multifamily community in Spokane, WA ...
|
• Investors Management Group Spends $33 Mil on TX Multifamily Property
4/28/21
Investors Management Group (IMG) has acquired Encore281 Apartments, a 228-unit res community in North San Antonio, for $33 mil, or $144.7k per unit. Built in 2015, the property is located directly on US-281 in the city’s pres...
|
• 164-Unit AZ Res Community Goes for $28.7 Mil
4/27/21
Peoria Apartment Homes, a 164-unit apartment complex in Glendale, AZ, sold for $28.7 mil, or $175k/unit. The two-story property, located at 5020 West Peoria Ave, comprises 16 buildings with a mix of one- and two-bedroom units...
|
• Birtcher Anderson & Davis LLC and Belay Investment Group Spend $44.5 Mil on Seven Properties in Southern California
4/23/21
A venture between San Juan Capistrano-based Birtcher Anderson & Davis LLC and Belay Investment Group has recently closed on a $44.5 mil purchase of seven properties in greater Los Angeles and the Inland Empire.
The acquisit...
|
• Champion Real Estate Company Closes $44 Mil OC Apartment Buy
4/21/21
Champion Real Estate Company has acquired Oxford North, a 100-unit, 346-bed student housing community in Fullerton, for $44.4 mil ($444k/unit). The property, located at 2000 Oxford Ave, adjacent to California State University...
|
• L.A. Investor Nabs Phoenix Industrial Facility in $7 Mil Buy
4/20/21
A 49.8k sf industrial facility in Phoenix trades hands for $6.97 mil ($140/sf) in a sale/leaseback deal. The seller, Regency Technologies, an IT asset conversion service provider, signed a new 10-year, NNN lease at the proper...
|
• Local Buyer Pays $7.4 Mil for Phoenix Building
4/19/21
Phoenix-based Samuel & Company Inc acquired a freestanding, net-leased industrial/retail/automotive building in Phoenix in a $7.4 mil transaction. Located at 241 W Osborn Rd, the property has been fully leased to a national t...
|
• Sterling Bay West and Harrison Street Buy Two Life Sciences Properties in Sorrento Mesa
4/19/21
A joint venture between Sterling Bay West and Harrison Street has acquired two life sciences properties located in Sorrento Mesa, a thriving life science and biotechnology submarket of San Diego. The assets fetched a combined...
|
• Atlas Capital Group Begins Redevelopment Work on Pasadena Office Property
4/16/21
Atlas Capital Group LLC has started work on the redevelopment of a five-story, 320k sf Class A office building in Pasadena. The project, located at 101 South Marengo Ave, is scheduled for completion in the first quarter of 2...
|
• Erickson Companies Spends $26 Mil on Industrial Portfolio in AZ and CA that It Occupies
4/15/21
Erickson Companies purchased a multi-state industrial portfolio consisting of a 40k sf headquarters facility on 13 acres in Chandler, AZ and a 20k sf facility on 15 acres located in the Sacramento-area city of Roseville. The ...
|
• Company 3 Takes 70k sf at Hudson Pacific Properties’ Harlow Office Building
4/15/21
Global post-production firm Company 3 has signed an 11-year lease for 70.3k sf of space at Harlow, Hudson Pacific Properties’ recently completed Class A office development at Sunset Las Palmas Studios in Hollywood. The lease ...
|
• Investors Trade AZ Multifamily Community for $32 Mil
4/14/21
The Porter, a 165-unit multifamily community in Tempe, AZ, was purchased by a private investor for $32 mil, or $194k/unit. Constructed in 1980, The Porter is Located at 1532 South Price Rd.
The Porter contains a mix of one-b...
|
• George Oliver to Transform Tempe Office Campus
4/13/21
Phoenix-based developer George Oliver has plans to implement a major makeover of the five-building Hayden Station mixed-use office campus in Tempe, AZ. The 107.5k sf property is located on the southwest corner of Mill Ave and...
|
• Anchor Health Properties Spends $25 Mil on 81k sf Office Building in San Diego’s Mission Valley
4/13/21
Anchor Health Properties has purchased Rio Vista Plaza, an 81.2k sf, multi-tenant office building in San Diego’s Mission Valley submarket, for $25.3 mil ($312/sf). The buyer plans to reposition the property as a medical offic...
|
• DWG Capital Partners Picks Up 36k sf TX Industrial Asset in Sale/Leaseback Deal
4/12/21
DWG Capital Partners purchased a 35.8k sf Texas industrial property in a sale-leaseback transaction. The transaction value was not disclosed.
The light industrial facility is located at 1317 Business Highway 71 North in Colu...
|
• KTGY Architecture + Planning Acquires Simeone Deary Design Group
4/09/21
KTGY Architecture + Planning (KTGY) has acquired hospitality-focused interior design and branding firm Simeone Deary Design Group, creating a fully integrated architecture, branding, interiors and planning practice. Together,...
|
• Tidewater Capital Finishes New Moxy Hotel in Oakland
4/07/21
Tidewater Capital has completed work on Oakland’s first Moxy Hotel, a young-at-heart brand by Marriott International. The 172-room boutique hotel was developed utilizing the opportunity zone investment program. The project, w...
|
• Investor Exchanges into Phoenix Industrial Facility for $16.8 Mil
4/07/21
A new 146.5k sf distribution and manufacturing facility in Phoenix was acquired for $16.8 mil ($115/sf) by a 1031 exchange investor. The property was sold by Caprock Partners.
Located at 4615 W. McDowell Rd, the property can...
|
• Black Creek Group Finishes Spec Industrial Development in Fort Worth
4/06/21
Black Creek Group has completed construction of Carter Park, a spec industrial development in Fort Worth, TX. The project, consisting of three distribution/warehouse buildings of 250k sf, 231k sf and 88k sf, was built by Cade...
|
Return to the Home Page - Etc... Etc... area
