|
• Colorado Multifamily Building Sells for $237.5k/unit
5/09/25
An eight-unit multifamily building in Longmont, CO traded for $1.9 mil, or $237.5k/unit. The property, located at 3043 17th Ave, fetched the highest price-per-unit sale in Longmont so far in 2025.
The building was built in 1...
|
• Walmart Buys 1 msf Salt Lake City Distribution Facility It Had Been Leasing
5/09/25
Giant retailer Walmart Inc purchased a 1.032 msf, Class A distribution building on nearly 60 acres at 990 North 6550 West in Salt Lake City, UT. Prior to purchasing the property, Walmart Fulfillment Services was leasing the ...
|
• TGM Closes $90 Mil AZ Multifamily Buy
5/08/25
In an Arizona multifamily buy, New York-based TGM acquired Ocotillo Bay, a 296-unit res community in Chandler, for $90.5 mil, or about $305k/unit. The asset was sold by a national fund manager.
Built in 1997, Ocotillo Bay is...
|
• 148k sf Industrial Facility in Salt Lake City Trades
5/07/25
In a recent commercial real estate financing deal in Salt Lake City, a modern, Class A industrial building purchase was financed with a $13.5 mil permanent loan. The 148.3k sf, institutional-quality facility sits on a 9.42-ac...
|
• AZ Medical Office Building Trades for $367/sf
5/07/25
A 15k sf, single-tenant medical office property in Tucson, AZ was acquired by Elliot Bay Medical Properties Holdings III LLC in a $5.5 mil ($367/sf) transaction. Located at 4881 Grant Rd, the two-story building is fully lease...
|
• Las Vegas Industrial Building Lands New Owner After $24 Mil Trade
5/06/25
In a Las Vegas industrial trade, an 83.3k sf, Class A facility in shell condition sold for $24.1 mil, or about $290/sf. We’re told that this is one of the highest price-per-square-foot transactions in the Las Vegas market for...
|
• Capitol Engineering Spends $13 Mil on Phoenix Industrial Facility
5/06/25
In a recent Phoenix owner/user buy, Capitol Engineering Inc paid $13 mil for a 20.4k sf ($637/sf) freestanding industrial building in Metro Phoenix’s sought-after Sky Harbor Airport submarket. The facility, sitting on 11 acre...
|
• Colorado Single-Tenant Building Sells for $122/sf
5/05/25
A 20k sf, single-tenant property occupied by BioLife Plasma Services in Aurora, CO sold for $2.45 mil ($122/sf). Built in 1987, the property is situated on just under one-half acre at 13900 East Mississippi Ave., within a hi...
|
• Historic Denver Bed & Breakfast Property is Listed for Sale
5/02/25
Lumber Baron Inn, a historic Bed & Breakfast and Event Center, in Denver, Has been listed for sale. Located at 2555 W. 37th Ave in Denver’s Potter-Highlands neighborhood, the three-story Victorian mansion was built in 1890 an...
|
• RAF Pacifica Group Buys 16k sf TX Industrial Property
4/30/25
RAF Pacifica Group (RPG) has acquired its first industrial asset in the State of Texas, a 15.8k sf warehouse located at 2200 Evanston Ave in Dallas, within the Trinity Groves urban arts district. Along with the purchase, RPG ...
|
• City of Phoenix Spends $29.5 Mil on 29-Acre Infill Site
4/30/25
The City of Phoenix acquired a 29.4-acre infill parcel in Phoenix from Scottsdale-based ATLAS Capital Partners in a $29.58 mil transaction. The city has earmarked the land for revitalization as part of its regional Rio Reimag...
|
• Exchange Investor Spends $5.65 Mil on Two AZ Single-Tenant Properties
4/30/25
A 1031 exchange investor closed on the all-cash purchases of two AZ single-tenant properties in deals totaling $5.65 mil. The acquisitions consisted of medical office building in North Phoenix and an industrial building in Tu...
|
• Two Colorado Industrial Assets Exchanged Between the Same Parties in Deals Worth Nearly $20 Mil
4/29/25
We’ve got two industrial sales totaling just under $20 mil to report from Colorado. The deals are between the same parties, with each entity buying the property that the other one sold.
The properties consist of 31815 Great ...
|
• BH Properties Buys 205k sf Texas Office Asset
4/25/25
BH Properties acquired The Park on Barton Creek, a Class A, 205.3k sf office complex situated at the intersection of South MoPac and Loop 360 in Southwest Austin. The price was not given out.
Originally built in 2006, The Pa...
|
• Tower 16 Capital Partners and Raith Capital Partners Pay $48 Mil for 166-Unit AZ Build-to-Rent Asset
4/24/25
Tower 16 Capital Partners and Raith Capital Partners have acquired Sanctuary at South Mountain, a 166-unit horizontal Build-to-Rent (BTR) property located near South Mountain in Phoenix. The property, built in 2023, traded fo...
|
• Kidder Mathews Lands Management Assignment for AZ Corp HQ Facility
4/23/25
NewStreet Properties has awarded Kidder Mathews the management assignment for the corporate headquarters of Amkor Technologies in Tempe, AZ. The 97.5k sf facility is located at 2045 E. Innovation Circle, within the Arizona St...
|
• Cricut Extends Lease for Its 128k sf Corp HQ Space in Utah
4/23/25
Cricut® Inc, a creative technology company, agreed to an extension lease for its 128k sf corporate headquarters in South Jordan (Salt Lake City), UT. Cricut currently occupies the entire five-story, Class A office building, l...
|
• Colorado Industrial Building Goes for $98/sf
4/23/25
A 61.1k sf industrial facility in Berthoud, CO sold for $6 mil ($98/sf). The property, located at 801 N. 2nd St, was acquired by JJH Global Realty IV LLC. The buyer operates a large-scale manufacturing and distribution compa...
|
• Phoenix Interior Architecture and Design Firm PDO Merges with National Architecture Firm RDC
4/22/25
RDC, a national award-winning architecture, interiors, and planning firm, has merged with Phoenix-based interior architecture and design firm Phoenix Design One (PDO). The firms are teaming up to expand the services offered t...
|
• Metron Farnier Leases 57k sf of Industrial Space in the Denver Metro Area
4/22/25
Metron Farnier, a provider of AI-enabled water management solutions agreed to a lease for 56.7k sf if industrial space in Denver. Located at 335 Centennial Pkwy, on the east side of the Denver Boulder Turnpike, the building f...
|
Return to the Texas/Southwest area
