|
• Trammell Crow Company and Clarion Partners Buys 25 Acres in AZ for Industrial Development
3/10/21
Trammell Crow Company and capital partner Clarion Partners LLC have acquired a 25-acre site for the development of Tolleson 107 Logistics Center, a 332.1k sf logistics facility in Tolleson, AZ that will include 4.6 acres dedi...
|
• Luton | Underwood Development Partners Buys 10.6 Acres in Houston with Plans to Develop a Res Community
3/09/21
Houston-based Luton | Underwood Development Partners acquired 10.62 acres of land located at 11514 Trickey Rd in Houston. The majority of the land will be developed for use as a single-family community.
The new ownership pl...
|
• Phoenix Townhome Community Traded in $22 Mil Deal
3/09/21
Ara Residences, a newly constructed, 50-unit townhome community in Phoenix, was purchased for $22.05 mil ($441k/unit) by Luna Bear ARA Residences LLC, a California investor completing a 1031 exchange.
The property is locate...
|
• Dynarex Corporation Leases 250k sf of AZ Industrial Space
2/19/21
Dynarex Corporation, a medical equipment and supply wholesaler based in Orangeburg, NY, inked a lease for 250k sf of industrial space in the greater Phoenix submarket of Glendale. The space will serve as the firm’s Southwest ...
|
• Sacramento-Area, Institutional-Quality Res Community Expected to Fetch Near $105 Mil
2/18/21
A recently developed suburban apartment complex is being marketed for sale in Roseville, a high-growth submarket within Sacramento — one of the best performing metros nationwide for multifamily sector growth.
The institutio...
|
• JLL Capital Markets Arranges $173 Mil in Fannie Mae Loans on 14 Res Properties Across the U.S.
2/18/21
JLL Capital Markets has arranged $172.9 mil in financing for 14 multi-housing properties, totaling 1,334 units, located throughout the U.S., on behalf of multiple southern California-based borrowers. The financings consist o...
|
• Pegasus Group Picks Up 1,089-Unit Self-Storage Facility in Portland
2/17/21
Pegasus Group purchased Hosford Self Storage, a 1,089-unit, Class A self-storage facility in Portland, OR. It was sold by an affiliate of Banner Real Estate Group. The property will be managed by Central Self-Storage®.
Cons...
|
• Dogwood Industrial Properties Buys New 152k sf Class A Industrial Asset
2/17/21
Dogwood Industrial Properties purchased a brand-new, 152.2k sf Class A industrial asset in Hutto, TX. The building, located at 1150 New Technology Blvd, is within Innovation Business Park III, a six-building development from ...
|
• BH Properties Buys Navarro Building and Garage in San Antonio
2/16/21
BH Properties has acquired the vacant Navarro Building and Garage along the Riverwalk in San Antonio from public utility CPS Energy.
Located at 146 Navarro St, the building was originally constructed in 1968 as a seven story...
|
• Westcore Acquires 150k sf CO Warehouse Property
2/12/21
San Diego-based Westcore has acquired Dove Valley Business Center II, a 150.6k sf, Class A warehouse in Englewood, CO. Westcore purchased the newly completed property, located at 14251 E. Otero Ave, from Chicago-based Brennan...
|
• Avanath Capital Management Buys 85-Unit OC Senior Housing Community
2/12/21
Avanath Capital Management LLC has purchased The Grove Senior Apartments, an 85-unit senior housing community in Garden Grove, for $19.85 mil, or $233.5k/unit. The property was acquired from Meta Housing, an affordable housin...
|
• CBRE Acquires Beezley Management
2/10/21
CBRE has acquired Beezley Management (Beezley), a construction management and project advisory services firm based in the Los Angeles area. Beezley serves clients throughout the greater Los Angeles area and nationally and has...
|
• New CO Retail Pad Building Goes for over $500/sf
2/10/21
A newly constructed, five-tenant retail pad with a drive-thru at Denver Airport Hotel Row in Denver has sold in a transaction worth $5.577 mil. Built in 2018, the 10.3k sf ($541/sf) building is situated on 1.59 acres at 6991 ...
|
• Murrieta Hot Springs Campus Offered for Sale
2/08/21
The historic Murrieta Hot Springs Christian Conference Center and Bible College Campus, a 43-acre campus with lodging and educational facilities in southwest Riverside County, has been put on the market. The property, located...
|
• ViaWest Group Breaks Ground on 25-Acre Phoenix Logistics Project
2/08/21
ViaWest Group has broken ground on Central Logistics Center, a 25-acre land site at the southeast corner of Central Ave and Buckeye Rd, just south of Downtown Phoenix and just west of Phoenix Sky Harbor Airport.
The project...
|
• MCA Realty Sells Off Vegas Assets for $17.26 Mil
2/05/21
MCA Realty has collected $17.26 mil from the sales of three multi-tenant industrial buildings and a parcel of land in the Las Vegas metro area.
In the largest of the transactions, MCA Realty sold Arville Gateway Center, a 43...
|
• Oaktree Capital Management Buys Arizona Multifamily Asset for $295k per Unit
2/05/21
The Core Chandler, a 220-unit Class A multifamily community in Chandler, AZ, was acquired by funds managed by Oaktree Capital Management L.P. for $65 mil ($295.5k/unit). The seller was Sunrise Luxury Living.
Built in 2019 in...
|
• Mixed-Use Property in L.A.’s Koreatown Goes for Over $500/sf
2/04/21
A 28.3k sf, mixed-use retail and medical office property in Los Angeles’ Koreatown sold for $15.25 mil ($539/sf).The three-story property, located at 2970 W. Olympic Blvd, features 20k sf of medical-related office spaces and ...
|
• Tradewind Properties and American Nevada Company to Build 300-Unit Res Project in Henderson
2/04/21
A joint venture between Tradewind Properties and American Nevada Company has announced plans to develop Olympic and Mountain Vista Apartments, a 300-unit, garden-style multifamily community in Henderson. The project has offic...
|
• OC Investment Group Closes $10 Mil Buy of AZ Industrial Asset
2/04/21
A 62.4k sf, Class A industrial facility in Chandler, AZ traded hands for $10 mil ($160/sf). The asset was acquired by Orange County-based Kanasardas Investment LLC.
Constructed in 2010, the building is located at 3167 West ...
|
Return to the Home Page - Etc... Etc... area
