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• CapRock Partners Wraps Up Work on Two New Vegas Industrial Projects
3/30/23
CapRock Partners has completed two new Class A industrial warehouse distribution facilities in Las Vegas totaling nearly 700k sf. Both assets are well-located state-of-the-art institutional investment-level properties.
One o...
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• Blue Road Investments Breaks Ground on Two Industrial Buildings Totaling 646k sf in New Mexico
3/30/23
Dallas-based has broken ground on phase three of Westpark Logistics Center, a master-planned industrial park in Santa Teresa, NM. The latest phase includes the construction of Buildings 3 and 4, which will total 646.3k sf.
L...
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• Utah Office Park Sees a Number of Lease Signings
3/29/23
There have been five recent lease signings to report at Millrock Park, a four-building, 494.3k sf Class A office park in Cottonwood Heights, Utah. The property, located at 6550 S. Millrock Dr in a submarket of Salt Lake City,...
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• KeyCity Capital Picks Up 142-Unit Multifamily Community in Farmers Branch, TX
3/28/23
KeyCity Capital has acquired Villa Gardens, a 142-unit multifamily property in Farmers Branch, TX. The price was not given out.
Villa Gardens is a pet-friendly community located at 2730 Fyke Rd, just east of the I-35 Express...
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• Build-Out of 160k sf Space for Georgia-Pacific LLC Completed at Phoenix Logistics Center
3/27/23
Phoenix-based Stevens-Leinweber Construction (SLC) has completed the custom build-out of 160k sf at Phoenix Logistics Center (PLC) Two, a 481.6k sf facility designed to meet the manufacturing and distribution needs of new ten...
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• Aspen Hospitality Buys Partial Ownership of Hotel Born in Downtown Denver
3/24/23
Aspen Hospitality has acquired partial ownership of the Hotel Born in downtown Denver. Aspen, the hospitality division of Aspen Skiing Company and owners of The Little Nell and Limelight hotel brands, plans to convert the hot...
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• Two-Building AZ Industrial Project Sells for $40 Mil
3/23/23
Chandler Crossroads I & II, a Class A industrial project totaling 216.3k sf in Chandler, AZ, traded hands in a recent $40.15 mil transaction. Developed in 2016 and 2022, respectively, the Southeast Valley portfolio consists o...
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• Montecito Medical Real Estate Spends $29 Mil on AZ Medical Building
3/22/23
Montecito Medical Real Estate purchased Banner Health Center - Peoria, a fully leased, 68k sf medical building in Peoria, AZ, for $29 mil ($426/sf). The property was sold by Banner Health.
Banner Health Center is a three-st...
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• The Mogharebi Group Opens New Offices in Las Vegas, NV and Albuquerque, NM
3/22/23
The Mogharebi Group (“TMG”) has opened two new offices in Las Vegas, NV and Albuquerque, NM. Bill Ketcham and Robert Gallegos, who combined have more than 45 years of real estate investment experience, will lead the two offic...
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• Cougar USA Leases 46k sf Facility in Houston
3/22/23
Cougar USA, a leading supplier of water control systems for commercial buildings, inked a lease for a 45.9k sf building in Houston to be used as its corporate headquarters. Located at 8850 Fallbrook Dr, the space will include...
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• BKM Capital Partners Completes Purchase of 740k sf Light Industrial Portfolio in Las Vegas.
3/22/23
BKM Capital Partners recently closed on the acquisition of a 740k sf, seven-property light industrial portfolio in Las Vegas, in a partnership with an alternative investment firm. The purchase consists of 21 buildings adjacen...
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• Cushman & Wakefield Awarded Office Leasing Assignment for Cherry Creek West in Denver
3/21/23
East West Partners has selected Cushman & Wakefield as the office leasing broker for Cherry Creek West, a mixed-use redevelopment of the 13 acres of land adjacent to Cherry Creek Shopping Center. C&W’s Nicholas Pavlakovich, M...
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• CapRock Partners Buys 131k sf Class A Industrial Facility in Phoenix
3/20/23
CapRock Partners acquired a 130.8k sf, Class A industrial building in Phoenix. The facility is situated on 6.4 acres at 5810 W. Buckeye Rd, along Phoenix’s Loop 202 Fwy.
Pre-leased to Metrie Inc, North America's largest man...
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• Vicky Schiff, Dream Unlimited Corp and PaulsCorp LLC Launch Avrio Real Estate Credit
3/16/23
Dream Unlimited Corp, PaulsCorp LLC and Vicky Schiff have teamed up to launch a new firm, Avrio Real Estate Credit. Avrio will offer short-term, first mortgage debt and other structured finance products including B notes, mez...
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• TerraLane Communities and Franklin Mountain Investments to Start Work on Texas Build-to-Rent Community
3/15/23
TerraLane Communities, in a venture with Franklin Mountain Investments, purchased 94 single-family “finished” lots within the Campo del Sol masterplan in the El Paso, TX area for the development of a new premier rental home c...
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• Work Starts on 380-Unit Colorado Res Community
3/14/23
Legacy Metro 525, a 380-residence, transit-oriented apartment community coming to Aurora, CO, has just broken ground. The project, a development of Legacy Partners and Griffin Capital Company LLC, is anticipated for completio...
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• Affordable Mixed-Use Project in Denver Gets Underway
3/13/23
Construction is now underway for the Montbello Freshlo Hub, a mixed-use development in the Montbello neighborhood of Denver. The project, which is a collaboration between the City and County of Denver and the Denver Housing A...
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• Stockton Foundation Buys 165-Acre Parcel in Cypress, TX
3/13/23
Stockton Foundation Inc purchased a 165-acre land parcel in Cypress, TX in an off-market transaction. The property is located at 19835 Telge Rd, on the northwest corner of Telge Rd and Grand Pkwy. The price was not disclosed....
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• Dunleer Picks Up 144-Unit Res Asset in Dallas
3/10/23
L.A.-based Dunleer has acquired The Lex, a 144-unit value-add apartment community located at 9701 West Ferris Branch Boulevard in Dallas, TX. Built in 1984 and situated on 5.97 acres of land, the gated community features six ...
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• AHV Launches Third-Party Built-For-Rent Services®
3/10/23
AHV Communities has launched Third-Party Built-for-Rent® Services, providing end-to-end, institutional grade development and homebuilding services to the fast growing Built-for-Rent® sector. The services are being offered to ...
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