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• Houston Office Investment Activity Picks Up in the First Quarter of 2025
4/11/25
This report provided by real estate services firm Avison Young
The Houston office market is experiencing a clear divide with the trophy sector still leading the recovery, according to Avison Young’s First Quarter 2025 Office...
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• MLL Capital Spends Over $6 Mil on AZ Medical Office Properties
4/11/25
MLL Capital has purchased a healthcare real estate portfolio consisting of two single-story medical office buildings in Tucson, AZ for $6.15 mil. The portfolio consists of the Riverstone Medical Plaza and the Green Valley Med...
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• 357k sf AZ Industrial Development Changes Hands
4/10/25
Sight Logistics Park, a 357k sf, state-of-the-art, two-building industrial development in Tempe, AZ, has traded hands. The development was recognized in 2024 as Redevelopment Project of the Year by both RED and NAIOP Arizona,...
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• Avison Young Awarded Leasing Assignment for Houston Power Center
4/10/25
Avison Young has been awarded the leasing assignment for Commons at Willlowbrook, a 441k sf, regional power center located at 7502 to 7950 Farm to Market 1960 Rd in the heart of the affluent Willowbrook/Northwest submarket of...
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• Arizona Multifamily Community Trades in $96 Mil Deal
4/09/25
Bella Encanta, a 212-unit, luxury, build-to-rent (BTR) home community located in Mesa, AZ, was acquired by a global institutional investor for $95.75 mil ($452k/unit). The asset was sold by Bela Flor Communities.
Completed i...
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• Unbound Development Buys 100k sf Industrial Facility in Chandler
4/09/25
Unbound Development, out of Phoenix, acquired a freestanding 100k sf industrial building on a large 16.7-acre lot in Chandler, AZ. The unoccupied single-tenant property is located at 165 South Price Rd, north of Hwy 202 and j...
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• Arizona Childcare Property Sells for Over $300/sf
4/09/25
A 10.9k sf childcare property occupied by Busy Bees in Chandler, AZ traded for $3.35 mil ($307/sf). The building sits on 1.46 acres of land at 3700 W Ray Rd.
Busy Bees has 15 years remaining on its absolute triple-net lease....
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• Industry Veteran Chris Hake Launches Legacy Development Partners
4/04/25
Legacy Development Partners, a new real estate development firm specializing in retail and mixed-use projects across the Southwest, has just launched. The firm is founded by industry veteran Chris Hake and is strategically ba...
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• Transwestern Investment Group and RX Health & Science Trust Acquire AZ Medical Outpatient Facility
4/04/25
A joint venture between Transwestern Investment Group (TIG) and its operating partner, RX Health & Science Trust (RXHST), has acquired Copper Point, a 93.3k sf medical outpatient facility in Gilbert, AZ. RXHST will continue t...
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• 200-Unit Affordable Housing Project in Marana, AZ is Nearing Completion
4/04/25
The Safford, a new 200-unit affordable housing development in Marana, AZ, is nearing completion and has begun leasing. The project, a development of Dominium, is located at 8740 N. Silverbell Rd.
The Safford’s high-quality a...
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• Multifamily Community in Fort Worth, TX Lands New Owner
4/03/25
Candle Chase Apartments, a 116-unit multifamily community in Fort Worth, TX, was acquired by Delara Chase, LLC. The price was not disclosed.
Built in 1969, the rebranded Delara Chase Apartments is located at 6822 S. Hulen S...
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• ATLAS Capital Partners and Hawkins Development Company Acquire AZ Site for Industrial Project
4/02/25
ATLAS Capital Partners has teamed up with Hawkins Development Company in the $13.8 mil purchase of 38 acres in Mesa, Arizona’s Elliot Road Tech Corridor. The venture plans to use the land for the development of ATLAS Exchange...
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• Nevada Commercial Property Trades in $8.7 Mil Deal
4/01/25
Three buildings totaling 37.9k sf on just over three acres within Pahrump Valley Junction, a 140k sf retail center in Pahrump, NV, traded hands in an $8.7 mil transaction. The deal consisted of 19 retail suites and one pad wi...
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• Three-Property, 430-Unit Seniors Housing Portfolio in AZ and CA Lands $240 Mil in Tax-Exempt and Taxable Bond Financing
4/01/25
The Integrated Senior Foundation has obtained $239.7 mil in tax-exempt and taxable bond financing for the Ativo Portfolio, a three-property, 430-unit seniors housing portfolio in Arizona and California.
The portfolio, which...
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• Pre-Leasing Starts at 336-Unit TX Res Project
3/31/25
Leasing has begun at Rylan at Gateway, a new 336-residence apartment community in Forney, TX slated for completion this summer. The project, a development of Legacy Partners and The Resmark Companies, is located at 1205 Gatew...
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• Scottsdale Open-Air Retail Center Reaches 98% Leased
3/31/25
The Promenade, a 575.3k sf open-air retail center in Scottsdale, AZ, is now over 98% leased. Built in 2000, The Promenade is located at 16243 N. Scottsdale Rd, at Frank Lloyd Wright Blvd. Owned by FalconEye Ventures and manag...
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• MCA Realty Pays $215/sf for a Las Vegas Industrial Building
3/28/25
MCA Realty has picked up a 19.5k sf, multi-tenant industrial building in Las Vegas in a $4.2 mil ($215/sf) off-market transaction. The building, located at 4205 West Tompkins Ave, also contains a 28.5k sf fenced yard that has...
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• Colorado Industrial Development to Move Forward with $20 Mil Joint Venture Equity Investment
3/27/25
United Properties has secured a $20.06 mil joint venture equity investment for Phase I of INOVA, a new, Class A 442.5k sf multi-tenant industrial project being constructed in Centennial (Denver), CO. INOVA consists of five p...
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• Historic Arizona Hotel Hits the Market
3/27/25
The Arizona Inn, a historic urban resort located in the heart of Tucson, AZ, has been put on the market. The resort, which opened its doors in December 1930, has been owned and operated by the family of founder Isabella Green...
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• Kensington Development Partners and IM Properties Acquire 30-Acre Parcel for AZ Retail Project
3/26/25
Kensington Development Partners and IM Properties have acquired a prime 30-acre infill land parcel in Gilbert, AZ, for a new upscale development called Signature at SanTan Village. The high-end retail center will sit within t...
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