|
• 400k sf AZ Industrial Park Changes Hands
10/04/24
Chandler Airpark 202, a newly constructed 402.5k sf Class A industrial project in Chandler, AZ was purchased by an unnamed global private equity firm.
Situated on over 26 acres, the project is highly visible and accessible,...
|
• Las Vegas Area Logistics Portfolio Sold to Ares Management Real Estate and BKM Capital Partners in Separate Deals
10/04/24
A private institutional investment firm sold a two-property, infill logistics portfolio in separate deals to two different buyers. The properties, both in the greater Las Vegas area, were purchased by an Ares Management Real ...
|
• DXD Capital Building Class A Self-Storage Facility in Scottsdale, AZ
10/03/24
DXD Capital has broken ground on a new multi-story, Class A, climate-controlled storage facility in Scottsdale, AZ. It is expected to open in the fourth quarter of 2025.
The facility will be located at 8888 East Desert Cove ...
|
• Green Leaf Partners Management Buys 280-Unit CO Multifamily Property
10/03/24
Alvista Harmony, a 280-unit garden community in Fort Collins, CO, was acquired by Green Leaf Partners Management,Inc. It was sold by an affiliate of Phoenix Realty Group and a joint venture partner.
Located at 2002 Battlecr...
|
• Denver Firm Buys 40k sf Phoenix Industrial Property
10/01/24
Denver-based Comunale Properties purchased a freestanding 39.6k sf, Class A industrial building in Phoenix for an undisclosed price. Located at 20 South 69th Ave in the desirable Southwest Valley submarket, the property is fu...
|
• Single-Tenant Walgreens Asset in Texas Trades
10/01/24
An Alexandria, Louisiana-based private investor purchased a 14.5k sf, single-tenant Walgreens-occupied property on an outparcel to a Kroger-anchored shopping center in an affluent suburb of the Houston, TX metro area.
Built ...
|
• Branded Bills Leases 96k sf HQ Space in Tempe, AZ
10/01/24
Branded Bills inked a lease for 96.4k sf of headquarters space in Tempe, AZ. The firm is a rapidly expanding, homegrown Arizona company offering a range of hat and apparel products featuring a trademark, hand-forged leather p...
|
• Colorado Neighborhood Center Sells for $545/sf
9/30/24
Harmony Commons, a modern 25.7k sf neighborhood shopping center in Fort Collins, CO, traded for $14 mil, or $545/sf. Built in 2017, the unanchored neighborhood center consists of two multi-tenant, single-story retail building...
|
• Colorado Take 5 Oil Change Property Sells for $1,667/sf
9/29/24
A local 1031 exchange investor paid $2 mil for a 1.2k sf ($1,667/sf), Take 5 Oil Change property in Arvada, CO. The tenant has a new 20-year lease in place at the property, located at 6795 Wadsworth Blvd.
The property is wel...
|
• Phoenix Office Asset Picked Up by Local Investor in $9 Mil Transaction
9/27/24
Gateway Executive Center, a 39.9k sf office property in Phoenix, was acquired by an Arizona based private investor, MJA Investments Inc, for $9.05 mil ($227/sf). The multi-tenant, two-story building is located at 1048 N 44th ...
|
• EQT Exeter Closes 1 msf Nevada Industrial Buy
9/27/24
EQT Exeter purchased USA Parkway Distribution Center I & II, a state-of-the-art industrial park comprising two, Class A cross-dock distribution buildings totaling 1.09 msf of space. The park, is located within the Tahoe-Reno ...
|
• Denver Ranks 8th Among Top North American Tech Markets
9/26/24
This report provided by real estate services firm CBRE
Denver ranks #8 overall in CBRE’s 2024 Scoring Tech Talent report, moving up two spots as tech talent hiring in North America slowed despite strong growth in artificial-...
|
• Lincoln Property Company Starts Work on 1 msf Tucson, AZ Industrial Project
9/25/24
Lincoln Property Company has broken ground on Phase I of I-10 International, a Class A industrial project that, upon completion, will total more than 1 msf of space on 79 acres in the Tucson, AZ airport submarket.
The $75 mi...
|
• Premier Workspaces Successfully Repositions Competitor Location in Frisco, TX
9/25/24
Premier Workspaces®, the Irvine-based flexible workspace leader, has opened a new location in Frisco, TX. The space was formerly operated by Common Desk, a WeWork company.
The new coworking office space is in the prestigiou...
|
• TRU Bowl Superfood Bar Secures Two More Locations in Arizona
9/25/24
Two new TRU Bowl Superfood Bar locations are coming to Arizona. Franchise owners David and Cyndi Schoenecker, who had already set up an initial Arizona store in Gilbert for the California-based chain, have agreed to deals for...
|
• Multifamily Property in Henderson, NV Trades for $45 Mil
9/25/24
Prism Multifamily Group has acquired Cascade Apartments, a 261-unit multifamily property in Henderson, NV, for $45.5 mil, or $174.3k/unit. The buyer plans to complete a property renovation plan to better capitalize on the gro...
|
• AZ Seniors Housing Portfolio Lands $96 Mil Refi Loan
9/24/24
Douglaston Development and The Hampton Group Inc have obtained $96.5 mil in refinancing for a five-property seniors housing portfolio consisting of 971 units located in the Phoenix, Mesa, Sedona and Chandler metropolitan area...
|
• Tricon Residential Wrapping Up Work on Two Build-to-Rent Communities in Texas
9/23/24
Tricon Residential celebrated the grand opening of two new built-to-rent communities in Texas: Tricon Bryson in Leander and Tricon Willow Creek in Tomball. Developed in partnership with HHS Residential, a division of Plano-ba...
|
• Stonelake Capital Partners Buys 80k sf of Industrial Space in Phoenix’s Deer Valley Submarket
9/20/24
Dallas-based Stonelake Capital Partners recently acquired an infill industrial portfolio comprising two small-bay buildings totaling 80k sf of space in Phoenix’s Deer Valley submarket. The price was not given out.
Situated a...
|
• Sherman Residential Spends $72 Mil on Its First Phoenix Res Acquisition in 15 Years
9/19/24
Sherman Residential closed on a significant multifamily buy in Phoenix, paying $72.05 mil for Vela on Camelback, a 237-unit ($304k/unit) Class A community located at 4949 N. 7th St in the city’s Camelback Corridor submarket. ...
|
Return to the Texas/Southwest area
