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January 22, 2026
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TEXAS/SOUTHWEST NEWS
Archive
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• Multi-Tenant Retail Center in Frisco, TX Trades
6/02/25
A local private investor purchased Independence Plaza, a 15k sf, multi-tenant retail property in Frisco, TX. Built in 2018, the property is fully occupied by seven food and service-based tenants. The property sits on 1.86 a...
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• Constellation Real Estate Partners Starts Work on 287k sf Texas Industrial Facility
5/30/25
Constellation Real Estate Partners has started construction on Constellation Rock Island Logistics Center, a 286.7k sf, Class A industrial building in Grand Prairie, TX. The project, located on 16.8 acres at 4701 W. Rock Isla...
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• DivcoWest Lands Management Assignments for Five Properties Totaling 348k sf of Space
5/30/25
DivcoWest has landed new management assignments for five properties, four in Southern California and one in Austin, TX. The four SoCal properties include Penn Station Studios, Broadway Place, 2308 Broadway, and 1556 20th Stre...
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• Upscale Luxury Office Redevelopment Project in Phoenix is Completed
5/28/25
Work has been completed on Bond, an upscale office redevelopment in the heart of Phoenix’s Camelback Corridor. Located at 3200 E. Camelback Rd, Bond sits on the corner of 32nd St and Camelback Rd. The project is a development...
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• Steel Peak Spends $7.6 Mil on Industrial Outdoor Storage Property in Salt Lake City
5/27/25
Steel Peak has purchased an industrial outdoor storage (IOS) property in Salt Lake City, UT for $7.6 mil. The property is located at 1876 W. Fortune Rd, north of California Ave and east of I-15. The property consists of two ...
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• Trio of Arizona Industrial Leases Total 143k sf of Space
5/22/25
We’ve got three separate industrial property leases totaling a combined 143k sf of space to report from Phoenix’s East Valley. CBRE’s Mike Parker represented the tenants, Abbot Label Inc, Phoenix Defense Ventures and Owl Vans...
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• Longpoint Partners Closes $36 Mil Industrial Buy in Arizona
5/22/25
Longpoint Partners acquired a 222.4k sf, Class A industrial asset in Tolleson, AZ in a $36.05 mil ($162/sf) transaction. Located at 130 South 83rd Ave, the freestanding single-tenant building is 100% leased to Exel Inc (dba D...
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• Beyond Richmond Office Buys Two Houston Office Properties Totaling 295k sf
5/21/25
Irvine-based Beyond Richmond Office LLC recently acquired two office properties totaling 295.7k sf in Houston’s Westchase submarket. The purchase includes 9800 Richmond Avenue, an eight-story 177.4k sf building, and 11000 Ric...
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• Reno Firms CloudTen Residential and Gaston Wilkerson Merge into a Single Residential Management
5/21/25
Reno, NV-based CloudTen Residential has merged with Reno-based multifamily management firm Gaston Wilkerson – creating a high-profile residential property management company with 210 employees and over 8,000 units throughout ...
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• Parkland Development Lands $9 Mil Construction Loan for Three New Dining Sites at Phoenix Area Retail Center
5/19/25
Parkland Development has obtained a $9 mil construction loan for development of three new dining locations at an eight-acre site located at the southeast corner of McDowell Rd and N 107th Ave in Avondale, a West Valley suburb...
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• WNC & Associates Closes Its WNC Institutional Tax Credit Fund 57, L.P.
5/19/25
WNC & Associates has closed WNC Institutional Tax Credit Fund 57, L.P. (Fund 57), a $228 mil fund which includes 26 multi-family properties across 17 states. “WNC remains deeply committed to addressing the affordable hous...
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• Stockbridge Acquires 100k sf AZ Industrial Building
5/19/25
In a recent AZ retail trade, Stockbridge purchased Cove Logistics Center, a recently delivered, freestanding 99.5k sf Class A industrial building on over 6.5 acres in Phoenix. The price was not disclosed. Located at 3755 Wes...
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• Buchanan Street Partners Buys Newly-Built Las Vegas Self-Storage Facility
5/16/25
Newport Beach-based Buchanan Street Partners has acquired a newly-constructed, Class A, three-building self-storage facility in Las Vegas. The property was purchased for $21.8 mil in an off-market transaction directly from th...
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• Libitzky Property Companies Spends $29 Mil on AZ Industrial Facility
5/16/25
Libitzky Property Companies, out of Emeryville, CA, purchased a 141.1k sf, Class A industrial asset in Mesa, AZ for $29.4 mil ($208/sf). The building is currently 100% leased to Cyclic Materials on a brand new 10-year lease. ...
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• Panattoni Development Affiliate Spends $21 Mil on Vegas Industrial Buy
5/14/25
An affiliate of Panattoni Development acquired a three-property, 147.9k sf industrial portfolio in Las Vegas in a deal worth $21 mil, or $142/sf. The buildings were sold by Aristocrat Technologies. The portfolio includes: •...
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• Empire Group Lands $79 Mil Refi on AZ Build-to-Rent Development
5/14/25
Scottsdale, AZ-based Empire Group has obtained a $79.5 mil refi loan on Village at Bronco Trail, a new 354-unit BTR development in the Phoenix market. The roughly 30-acre Village at Bronco Trail site at 29th Ave at Sonoran De...
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• Planned 261-Unit AZ Res Development Lands $58 Mil in Construction Money
5/13/25
A new, upscale 261-unit res project in Gilbert, AZ is one step closer to completion as the developer, Artom Holdings LLC, secured a $58 mil construction loan from PCCP LLC for the Class A development. The 220.6k sf project, T...
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• Master-Planned Dev Site in the Heart of Oklahoma City Listed for Sale
5/13/25
A unique, master-planned mixed-use development site encompassing 22 acres in the heart of Oklahoma City (OKC) has been put on the market. Known as Strawberry Fields, the rare urban land offering presents a buyer with the oppo...
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• MC Companies Buys 282-Unit Res Asset in Scottsdale
5/12/25
Scottsdale-based MC Companies has purchased The Core Scottsdale, a 282-unit, Class A luxury multifamily community in North Scottsdale. The asset, located at 15333 Hayden Rd, was sold by a Canadian-based institutional investor...
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• Entrada Partners Picks Up 70-Unit Student Housing Community in Austin, TX
5/12/25
Entrada Partners has acquired 24Longview – a 70-unit, 243-bed, student housing community in Austin, TX. The property is located at 2401 Longview St, east of Hwy 1 and adjacent to the University of Texas at Austin. This is Ent...
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