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• Work Gets Underway on Initial Phase at Gilbert, AZ Mixed-Use Project
7/23/24
Work has started on phase one of Northside at SanTan Village, a brand new mixed-use development that will bring high-end retail, restaurant and hotel amenities to the SanTan Village submarket in Gilbert, AZ. The project is a ...
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• Downtown Santa Ana Res Project Officially Opens to the Public
7/23/24
Rafferty, a new, eight-story luxury mixed-use apartment community in downtown Santa Ana, is finished and recently celebrated its grand opening. The 218-unit project, a development of Toll Brothers Apartment Living and joint v...
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• Rosauers Supermarkets Inks Lease at New 196-Acre Mixed-Use Development Near Bozeman, MT
7/23/24
Rosauers Supermarkets has signed a long-term lease at the new Jackrabbit Crossing live/work/shop development in Belgrade, MT. The 196-acre, master-planned, mixed-use project is located within Montana’s Gallatin Valley, near B...
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• Macquarie Asset Management to Create a New Independent Real Estate Investment Manager
7/22/24
Macquarie Asset Management plans to spin off the majority of its existing activities in Core / Core Plus real estate1 to enable the creation of Manova Partners, an independent real estate investment manager with $11.4 bil of ...
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• BlackRock Fund Buys 1.2 msf AZ Industrial Asset
7/19/24
A BlackRock-managed fund has acquired The Cubes at Glendale – Building B, a 1.2 msf, Class A industrial warehouse building located along the 303 Corridor in Glendale, AZ. The state-of-the-art, single-tenant facility was 100% ...
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• Phoenix Build-to Rent Project Lands $51 Mil in Construction Money
7/18/24
A 190-unit Build-to-Rent (BTR) development in Phoenix’s West Valley is closer to getting done thanks to new construction financing of $51.5 mil obtained by the project’s developer, Zen and 10Y. The non-recourse money was arra...
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• New 114k sf Academic Facility Completed at University of California, San Diego
7/18/24
Work has been completed on a new nine-story, 114k sf state-of-the-art academic facility prominently located at the corner of La Jolla Village Drive and Villa La Jolla Drive in San Diego. The new building sits directly across ...
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• Macquarie Asset Management Acquires 500k sf Logistics Complex in the Houston Area
7/17/24
Macquarie Asset Management completed the acquisition of 59 Logistics Center, a newly completed 509.6k sf distribution building near George Bush Intercontinental Airport (IAH) in the Houston suburb of Humble, TX. The Class A l...
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• Single-Tenant First Watch Restaurant Property in Tucson Sells for Nearly $1,000/sf
7/16/24
A Los Angeles-based private investor purchased a newly renovated, single-tenant property occupied by First Watch restaurant in Tucson, near the University of Arizona. The 4.2k sf structure, which features a drive-thru/pick-up...
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• Industrial Facility in Henderson Goes for $235/sf
7/12/24
A 52.5k sf, single-tenant distribution facility in the Henderson submarket of Las Vegas traded hands in a recent $12.35 mil ($235/sf) transaction. The buyer of the property, located at 1110 Mary Crest Rd, was TA Realty.
Buil...
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• Garrett Colburn Named President at SRS Real Estate Partners.
7/12/24
Garrett Colburn has been named President at SRS Real Estate Partners. In his new role, Colburn will be responsible for the company’s continued national growth, including office productivity and culture.
Colburn will partner...
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• BLT Enterprises Purchases 88k sf Industrial Property Two Miles from the Las Vegas Strip
7/10/24
In a Las Vegas industrial buy, BLT Enterprises has acquired an 88.5k sf warehouse on 8.41 acres near the junction of the I-15 and 592, just two miles from the Las Vegas Strip. As part of the deal, the property was leased back...
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• Community Preservation Partners Picks Up Great Falls, MT Res Community with Plans to Renovate and Maintain as Affordable Housing
7/10/24
CPP (Community Preservation Partners) has acquired Elmore Roberts, a 60-unit multifamily property in Great Falls, MT, with plans renovate the asset and maintain it as an affordable housing project. Located at 6 6th Stre...
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• The Haagen Company Refinances AZ Power Center with New Loan for $29 Mil
7/08/24
The Haagen Company obtained a $29.2 mil permanent loan to refinance Goodyear Centerpointe, a 320k sf retail power center in Goodyear, AZ, a suburb of Phoenix. The center, located at 15277-15475 W. McDowell Rd, features an inl...
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• Rhino Investments Spends $24.6 Mil on OR Retail Center
7/05/24
Rhino Investments, out of Las Vegas, purchased Grants Pass Shopping Center, a 277.4k sf retail center in Grants Pass, OR. The property was sold by LNR Partners in a $24.65 mil ($89/sf) transaction.
Located at 820-1160 NE D S...
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• Mixed-User in Del Mar Goes for $283/sf
7/03/24
Polo Plaza, a 63.6k sf mixed-use property located in Del Mar, sold for $18 mil, or $283/sf. The buyer was Brixton Capital.
The property is located at 3702 and 3790 Via De La Valle, nestled between the entrance to idyllic R...
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• Washington-Based Developer Buys 14 Acres in Silverdale, WA for Res Project
7/02/24
Six contiguous land parcels totaling 14.3 acres in Silverdale, WA sold for $2.4 mil. The buyer was Bode, a Washington-based multifamily developer, while the seller was a Washington-based private investor.
The development sit...
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• DXD Capital Unveils 794-Unit Self Storage Facility in Las Vegas
7/01/24
DXD Capital, a self storage private equity investor, has opened a brand new, Class A, climate-controlled storage facility in Las Vegas. The facility has 794 individual storage units totaling 73.3k sf of space.
Located at 754...
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• TruAmerica Multifamily Picks Up 234-Unit Vegas Area Apartment Project
6/28/24
TruAmerica Multifamily has purchased Parkway Townhomes, a 234-townhome property in Henderson, NV. The asset, located 2675 Windmill Pkwy, marks TruAmerica's 15th active property in the Las Vegas MSA.
Built in 1995, Parkway T...
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• Salt Lake City Office Tower Sees Jump in Lease Signings in First Half of 2024
6/27/24
One Seventy South Main, a 16-story Class A office tower totaling 260.3k sf in the heart of downtown Salt Lake City, UT, has seen a jump in recent leasing activity with four new signings for a combined 34.5k sf of space in the...
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