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• Southwestern Health Resources Leases 150k sf of TX Office Space
1/05/21
Southwestern Health Resources has signed a long-term lease totaling nearly 150k sf at Browning Place in Farmers Branch, TX. Southwestern is an industry-leading and innovative first-class healthcare network made up of research...
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• Taiwan Semiconductor Manufacturing Company Leases 47k sf of Phoenix Office Space
1/04/21
Less than one week after Taiwan Semiconductor Manufacturing Company secured 1,129 acres of land to build a $12 bil factory in North Phoenix, the company moved forward with its official market entry with a 46.7k sf office leas...
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• PWS is Expanding Its CA Laundromat Locations
12/30/20
PWS, the nation’s largest developer of new laundromats and the premier broker of existing laundromats, is developing five new locations across California, with another two locations in final lease negotiations.
The new reta...
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• AZ Office Complex Purchased by SoCal Investor in $21.7 Mil Deal
12/30/20
Portico I and II, an 89.2k sf, Class A office complex in Chandler, AZ, was traded in a $21.68 mil ($243/sf) transaction. The two-building, multi-tenant property was acquired by Southern California-based YMC Arizona Properties...
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• Danhydra Leases 95k sf Colorado Property
12/29/20
Danhydra, a provider of tool solutions for wind power, signed a long-term lease for an entire two-building, 95.7k sf industrial/flex facility in Loveland, CO. Headquartered in Denmark, the tenant is relocating its Americas op...
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• SteelWave and New York Life Real Estate Investors Buy 74-Acre AZ Dev Site
12/28/20
A 74-acre industrial development site in Glendale, AZ was purchased by New York Life Real Estate Investors, on behalf of an institutional client, and SteelWave in a recent $14.4 mil transaction. The land, located at the north...
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• Unique TX School Building Offered for Sale
12/28/20
We thought some of you might be interested in this unique listing that just hit the market in Fort Worth, TX. It’s for a 21.5k sf, two-story office building that was originally built in 1892.
Located at 319 Lipscomb St, the...
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• AZ Multifamily Property Trades for $31 Mil
12/24/20
The Sterling, a 107-unit community in Gilbert, AZ, sold in a recent, $30.9 mil ($289k/unit) deal. The property, located 23 miles southeast of downtown Phoenix, was acquired by Casa Anita Apartments LLC.
The Sterling, previo...
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• Draftsmen & Craftsmen
12/24/20
The Southwest Division of Graycor Construction Company has completed its panel tilt at Glendale 303 (“G303”) Phase I, marking the near-term completion of a Class A industrial development poised to meet the needs of still-surg...
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• Trammell Crow Company and Clarion Partners Start Work on AZ Industrial Development
12/23/20
The Phoenix Business Unit of Trammell Crow Company, along with capital partner Clarion Partners, has broken ground on Cowden Logistics Center in Tolleson, AZ. The industrial project will offer 285.1k sf of logistics space in ...
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• Black Creek Group Completes Portland Distribution Property
12/22/20
Denver-based Black Creek Group recently bought a two-building, 122.8k sf industrial distribution center in Portland, OR. The multi-tenant property, situated in Portland’s East Columbia Corridor submarket, was recently renovat...
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• In Self Storage Buys New 376-Unit Self-Storage Asset in Washington
12/22/20
In Self Storage recently acquired Storage Solutions on Eaton, a 376-unit facility in Battle Ground, WA. The property opened for business in July 2020 and is in the initial lease up phase at the time of closing. A price was n...
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• STAG Industrial Entity Buys Single-Tenant AZ Industrial Property for Over $14 Mi
12/21/20
An affiliate of Boston-based STAG Industrial Inc paid $14.25 mil for a 104.4k sf ($136.50/sf), fully leased single-tenant light industrial building in Chandler, AZ. The property was sold by Cohen Asset Management Inc.
The p...
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• SB Real Estate Partners Buys 224-Unit Apartment Complex in Phoenix
12/18/20
In a recent Phoenix res buy, SB Real Estate Partners (SBREP) has purchased Casa Anita Apartments, a 224-unit multifamily community located in the city’s West Valley submarket, for $35.3 mil ($157.6k/unit).
The property had ...
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• Oregon Self-Storage Portolio Purchased by Invesco Real Estate and Baranof Holdings
12/18/20
Invesco Real Estate, in partnership with Baranof Holdings, has acquired the Nest Self Storage portfolio located in Salem, OR, near Portland. The two-property portfolio was recently completed and approximately 85% occupied at ...
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• Washington Medical Campus Complex Sells for $20 Mil
12/17/20
A local investment group acquired the two-property medical campus formerly known as Astria Regional Medical Center located in Yakima, WA through bankruptcy court for approximately $20 mil. The seller was Astria Health, which ...
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• Net-Leased Grocery Property in Washington Sells for Over $16 Mil
12/16/20
A 60k sf, single-tenant, net-leased grocer property in Walla Walla, WA sold for $16.2 mil ($270/sf). The building, occupied by a national grocer on a long-term lease, is located at 450 N. Wilbur Ave.
The property is positio...
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• TA Realty Pays Over $300/sf for San Jose Industrial Asset
12/16/20
TA Realty has purchased a fully leased, 82.9k sf industrial property in San Jose for $26.6 mil, or $321/sf. The newly constructed property, located at 2144 Oakland Rd, is leased to The County of Santa Clara.
The building fe...
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• Dental Real Estate Investment Fund Sinks Its Teeth into Seven-Property Portfolio
12/15/20
Alignment Realty Capital has closed its initial transaction through their just-launched ARC Dental Income Fund I LLC. The open-ended fund has no cap on capital commitments.
This transaction is for the purchase-leaseback of s...
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• Wakeland Housing and Development Corporation Breaks Ground on Two L.A. Affordable Housing Communities
12/15/20
Wakeland Housing and Development Corporation has broken ground on two Los Angeles affordable housing communities. The projects - the 54-unit Amani Apartments and 43-unit Chesterfield Apartments - will bring much-needed low-co...
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