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May 27, 2024
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• Historic Building in Downtown Denver Sells for $700/sf
12/28/21
Dallas-based L&B Realty Acquisitions LLC paid $25.5 mil for the historic Union Pacific Building at Coors Field in downtown Denver. Located outside the third base gate of Coors Field, the 36.4k sf ($700/sf) retail building was...
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• The Bascom Group Buys 200-Unit Sun Chase Community in Las Vegas
12/27/21
The Bascom Group LLC has acquired Sun Chase, a a 200-unit multifamily property in Las Vegas, for $40.5 mil, or $202.5k per unit, in an off-market transaction. The garden-style property, built in 1984/1985, offers residents a...
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• Investor Wraps Up the Year with $7.7 Mil AZ Office Buy
12/24/21
In a recent AZ office trade, Chandler Office Center, a 57.3k sf property in Chandler, sold for $7.76 mil, or $135/sf. Located at 1331, 1347 and 1351 N. Alma School Rd, Chandler Office Center is a three-building property. Th...
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• Arizona Industrial Dev Site Goes for $6.5 Mil
12/23/21
A 54-acre industrial development site in Buckeye, AZ, at the southeast corner of Southern Ave and Rainbow Rd, within the Buckeye Rail Corridor, traded hands for $6.525 mil. The buyer was Buckeye 54 LLC, a Joint Venture formed...
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• Scottsdale Office Property Sells in $16 Mil Deal
12/23/21
Scottsdale Professional Building, a 77k sf, Class A office property in Scottsdale, AZ, was purchased by a private investor for $15.9 mil ($206/sf). Scottsdale Professional Building is a three-story, multi-tenant office prop...
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• White Mountain Investments Management Acquires AZ Office Asset in $16.8 Mil Deal
12/22/21
Agave Executive Center, a 78.8k sf, multi-tenant office building in the heart of Tempe, AZ, sold for $16.8 mil, or $213/sf. The asset was 100% leased at the time of sale. Comprising three office buildings located at 1721, 17...
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• Kamiak Pays $8 Mil for Development Parcel in Seattle
12/21/21
A 22.9k sf land parcel located in north Seattleís Fremont neighborhood sold to real estate firm Kamiak for $8 mil. The parcel is being considered for future mixed-use multifamily development. The property is located at 4318...
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• New 65-Unit Res Project in L.A.ís Silverlake Area is Fully Leased at Project Completion
12/21/21
The Ridge, a new 65-unit multifamily in Los Angelesí Silverlake neighborhood, has been completed and is 100% leased up. The indoor/outdoor-inspired multifamily property, located at 3160 Riverside Dr, adjacent to Griffith Park...
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• Trion Properties Acquires 197-Unit Multifamily Property in the Sacramento Area
12/20/21
Trion Properties purchased ReNew Carmichael, a 197-unit apartment community located in the Sacramento-area city of Carmichael, for $46 mil in an off-market transaction. The property was sold by FPA Multifamily in a deal that ...
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• DB Capital Management Picks Up 112-Unit Multifamily Property in Austin
12/17/21
DB Capital Management has purchased its third property in Texas in the last two months with its acquisition of Lantana Trace, a 112-unit multifamily community in Austin. The price was not disclosed. Since entering Texas in 2...
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• Principal Real Estate Investors Buys 195k sf OR Industrial Facility
12/15/21
Principal Real Estate Investors has acquired a just-completed, 195.5k sf industrial building in Hillsboro, OR. The facility was developed by Trammell Crow Company (TCC) and is fully leased to Hitachi High-Tech America Inc. Th...
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• SWC Development Partners Breaks Ground on 59k sf Distribution Facility in Surprise, AZ
12/14/21
SWC Development Partners has broken ground on a 59.4k sf warehouse/distribution facility located at 11860 N Dysart Rd within Skyway Business Park in Surprise, AZ. It is being built on 27.9 acres of land just acquired in Octob...
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• North Las Vegas Industrial Project Sees More than 1 msf in New Leases
12/10/21
There has been more than 1.045 msf worth of new leases and expansion deals signed at the Golden Triangle Logistics Center in North Las Vegas. The project is a development of Trammell Crow Company (TCC) and Washington Capital ...
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• Carlsbad Office/Flex Building Acquired by Miramar Capital in $20 Mil Deal
12/10/21
Aston Views, a freestanding, 83k sf office/flex building in Carlsbad, sold for $20 mil ($241/sf). The two-story building was approximately 90% leased at sale. Built in 2001, Aston Views is located at 1808 Aston Ave and consi...
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• City Center Realty Partners Buys R&D/Life Sciences Property in Berkeley
12/09/21
City Center Realty Partners has purchased Parker Innovation Hub, a three-building, 40.6k sf R&D and life sciences campus in Berkeley. The property was sold by Lift Partners in a $22 mil ($542/sf) transaction. Parker Innovati...
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• Northwest Building LLC Buys Self-Storage Properties in Reno and Sparks, NV
12/09/21
Northwest Building LLC, one of the Puget Soundís largest commercial real estate development, investment, and management firms, bought a portfolio of two self-storage facilities in the Northern Nevada markets of Reno and Spar...
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• Phoenix Office Property Gets New Owner in $17.5 Mil Deal
12/08/21
West 101 Corporate Center, an 81k sf, multi-tenant Class A office property in Phoenix, traded hands for $17.5 mil ($216/sf). Located at 1860 N 95th Lane in the West Valley trade area, the building was acquired by Overstreet P...
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• UT Physicians Inks Lease for 139k sf in Bellaire, TX
12/03/21
UT Physicians has signed a 139.2k sf lease at Bellaire Station at 6500 West Loop South in Bellaire, TX. Terms of the deal were not disclosed. Bellaire Station is a five-story, 389.8k sf office building and offers prominent f...
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• Kingsbarn Realty Capital LLP and Barker Pacific Group Buy Fullerton Towers Complex
12/03/21
In its first joint venture with Kingsbarn Realty Capital LLP, Barker Pacific Group (BPG) has acquired Fullerton Towers, a three-building, 233.2k sf office complex in Fullerton. The property consists of two multi-tenant build...
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• Res Developer Spends Over $15 Mil on Las Vegas Land Site
12/02/21
A 14.57-acre site located at the southwest corner of Arby Ave and Gagnier Blvd in Las Vegas sold for $15.25 mil. The landís zoning classification is Urban Village (U-V) and the new ownership plans to develop midrise apartment...
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