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• Mountainside Fitness Spends $4 Mil for AZ Pad Development Site
3/25/25
Mountainside Fitness has acquired a pad property in Queen Creek, AZ for the construction of what will be their second gym in the city. The site traded for $3.99 mil in a fee-simple, all-cash transaction.
The site, situated j...
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• Lion Real Estate Group Buys 241-Unit Multifamily Community in Houston
3/25/25
Dallas-based Lion Real Estate Group LLC has acquired Villages of Briar Forest, a 241-unit apartment community in Houston, TX. The purchase marks the firm’s second acquisition in the Houston market and eighth acquisition in it...
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• Small-Bay and Mid-Sized Industrial Spaces Command 10% Rent Premium in Houston
3/21/25
This report was provided by real estate services firm Avison Young
In Houston's industrial market, smaller spaces of less than 250k sf command a 10% higher average rent than larger spaces, greater than 250k sf, according to...
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• SB Real Estate Partners Closes $42 Mil Multifamily Buy in Las Vegas
3/21/25
SB Real Estate Partners (“SBREP”) has acquired Brownstone Apartments, a 143-unit luxury apartment community located in the Centennial Hills submarket of Las Vegas, for $42 mil ($293.7k/unit) in an off-market transaction. Deli...
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• Fort Street Partners and Cumming Capital Management Partner Acquire Trophy Properties in Utah’s Silicon Slopes
3/20/25
Fort Street Partners has partnered with Cumming Capital Management to complete the acquisition of Lehi Spectrum I and II, two Class A tech office properties in the heart of Lehi, Utah's Silicon Slopes. Built in 2018 and 2020,...
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• Tower Capital Arranges More Than $85 Mil in Financing for BTR and Multifamily Projects Across Texas, Arizona, Colorado & Florida
3/19/25
Tower Capital arranged more than $85 mil in financing for four different projects across four states. The majority of the capital will go to three Build-to-Rent (BTR) communities located in Arizona, Colorado and Texas totalin...
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• Universal Health Services Spends $19 Mil on AZ Medical Facility
3/19/25
Universal Health Services purchased Palo Verde Behavioral Health Center, an 84k sf inpatient behavioral health facility in Tucson, AZ, for $19.1 mil ($227/sf). The property is located at 2695 North Craycroft Rd, north of Gran...
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• Kenco Leases 642k sf Industrial Facility in Buckeye, AZ
3/18/25
Kenco, a third-party logistics company, has leased a recently, constructed 641.9k sf, Class A industrial / logistics building on 40 acres in Buckeye, AZ. The facility is owned by EQT Exeter. Terms of the full-building deal we...
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• Framebridge Leases 38k sf Vegas-Area Industrial Space
3/14/25
Framebridge has inked a lease for 37.9k sf of space at Henderson 515 Logistics Center. Framebridge, a custom framing company, will occupy Suite 100 of the newly completed, state-of-the-art 110.1k sf facility located at 515 N....
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• Phoenix Biz Campus Trades in $35 Mil Deal
3/14/25
Rose Garden Business Park, a 159.3k sf, small-bay industrial park comprising nine buildings on just over 10 acres in Phoenix, was acquired by an affiliate of BKM Capital Partners in a $35.1 mil ($220/sf) transaction. The mult...
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• Rockefeller Group and Falcon Commercial Development to Build 558k sf Logistics Park in Baytown, TX
3/13/25
Rockefeller Group and Falcon Commercial Development have entered into a co-GP joint venture agreement to develop a 557.8k sf logistics park in Baytown, TX, within the Houston MSA. Falcon Development originally purchased the ...
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• Iconic Tucson Truck Terminal Property Offered for Sale at $10 Mil
3/13/25
A piece of Arizona history is now up for sale. The iconic Tucson Truck Terminal (TTT), also known as the “truck stop,” a landmark just outside of Tucson that has served travelers, truckers, and locals for over 70 years, has o...
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• California Trust Pays $392/sf for Phoenix Retail Center
3/12/25
Shops at Kohls, a fully occupied, 11.4k sf multi-tenant retail center in Phoenix’s Ahwatukee community was acquired for $4.47 mil ($392/sf) by a California trust in a 1031 exchange. The property sits on 1.1 acres at 4645 E. C...
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• Armstrong Capital Development Buys 22k sf Phoenix Retail Asset
3/11/25
Denver-based Armstrong Capital Development acquired Arcadia Court, a fully-leased, 22.2k sf infill shopping center with a drive-thru pad in Phoenix, for $9.65 mil ($435/sf). The property is located at 2303 N 44th St, in the c...
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• Mark IV Capital Starts Work on Second Phase at 4,300-Acre NV Industrial Project
3/11/25
Mark IV Capital has begun work on the second phase at Victory Logistics District, a 4,300-acre industrial development in Fernley, NV. The multi-phase project has nearly 2 msf of Class A distribution space completed to date an...
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• Echo Real Estate Capital Picks Up 70k sf Denver Medical Office Property
3/10/25
Echo Real Estate Capital acquired Rampart Medical Campus, a 70.6k sf, two-building portfolio of medical outpatient buildings in Denver. The price was not given out.
The buildings are located at 125 and 130 Rampart Way in Den...
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• DWG Capital Partners Buys 79k sf TX Industrial Campus
3/10/25
DWG Capital Partners has acquired a 78.6k sf, 27.8-acre industrial manufacturing campus in Cameron, TX via a sale-leaseback transaction with The Butler Weldments Corporation. The price was not disclosed.
Privately held Butle...
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• AZ Office Campus Trades Between Private Investors in $23.5 Mil Deal
3/07/25
The Forum at Gilbert Ranch, a 97k sf, Class A office campus in Gilbert, AZ, was acquired by a private high-net-worth 1031 investor in a recent $23.48 mil ($242/sf) deal. The property sits on 6.56 acres at 1472, 1482, 1528, an...
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• AZ Industrial Facility Trades for $16.8 Mil
3/06/25
An 82.3k sf industrial facility in Tempe, AZ sold for $16.8 mil, or $204/sf. The property was sold by Diversified Healthcare Trust.
Built in 1981, the infill property sits on 5.33 acres along Priest Drive at 1415 West Third ...
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• Commercial Real Estate Financing Briefs
3/05/25
SLATT CAPITAL - Makenzie W. Campbell, John Darrow and Dominic Sestito with Slatt Capital arranged financing for the Villas at Bella Vista, a 43-unit Build-to-Rent (BTR) townhome project recently constructed in San Antonio, Te...
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