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May 23, 2025
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TEXAS/SOUTHWEST NEWS
Archive
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• AZ Shopping Center Gets New Owner After $26 Mil Trade
8/16/24
Mesa Ranch Plaza, a 130k sf shopping center in Mesa, AZ, was purchased by a private investor for $26 mil ($200/sf). Mesa Ranch Plaza is located at 1008, 1036, 1060, and 1142 E. Southern Ave. It is shadow-anchored by a promi...
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• MDH Partners Spends $51 Mil on AZ Industrial Complex
8/14/24
KV Buckeye 10, a new 249.6k sf industrial complex in Buckeye, AZ was purchased by MDH Partners LLC in a $51 mil ($204/sf) transaction. The project is 60% leased. KV Buckeye 10, completed in August 2023, is situated on an 18....
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• Lucky’s Market in Fort Collins, CO Goes for $7.3 Mil
8/14/24
A single-tenant, retail asset that is fully leased on a long-term basis to a Lucky’s Market in downtown Fort Collins, CO, sold for $7.3 mil. The 26.6k sf ($274/sf), freestanding property was originally built in 1966, but has ...
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• Beedie Starts Work on 112k sf Industrial Project in North Las Vegas
8/13/24
Beedie has started construction on Lincoln by Beedie, a 111.7k sf industrial condo project in North Las Vegas. marking their second state-of-the-art development in Nevada. Situated at 2942 Lincoln Rd, The Class 'A' developmen...
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• Regional Center in Great Falls, Montana Gets New Owner
8/13/24
Westwood Plaza, a 69.9k sf, 100%-occupied regional shopping center in Great Falls, MT, was purchased by an East Coast-based private investment firm. The price was not given out. Built in 2017, Westwood Plaza is located at 13...
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• Continental Realty Assets Ltd Completes $27 Mil Multifamily Buy in Las Vegas
8/13/24
Continental Realty Assets Ltd (CRA) has picked up Villa Del Rio Apartments, a 168-unit multifamily community in Las Vegas, for $27 mil, or $160.7k/unit. CRA, a subsidiary of Continental Realty Group, is a Denver-based multifa...
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• BMC Investments Closes on 351-Unit Colorado Res Buy
8/12/24
BMC Investments purchased Advenir Del Arte Apartments, a 351-unit apartment community in Aurora, CO. Located at 151 S. Joliet Circle, Advenir Del Arte Apartments is a 17-building, garden-style apartment community built in 198...
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• Waterford Property Company and The Vistria Group Pick Up 299-Unit Multifamily Property in Dallas
8/09/24
Waterford Property Company and The Vistria Group have acquired Axis Kessler Park, a 299-unit, garden-style Class A multifamily community in Dallas. The joint venture purchased the property, located at 2400 Fort Worth Ave, in ...
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• Upscale Phoenix Multifamily Community Sells for $79 Mil
8/08/24
Alta North Central, a 229-unit Class A multifamily community located in north central Phoenix, traded hands in a $79 mil ($345k/unit) transaction. Built in 2020, Alta North Central is located at 777 E Stella Lane. The commun...
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• Equity Residential Buys 11 Res Properties from Blackstone Real Estate for $964 Mil
8/08/24
Equity Residential has agreed to acquire 11 apartment properties in Atlanta, Dallas/Ft. Worth and Denver from Blackstone Real Estate strategies in separate transactions totaling $964 mil. The properties being traded total 3,5...
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• BH Properties Buys 203k sf Industrial Facility in Texas
8/08/24
BH Properties boosted its Texas portfolio with the purchase of a 203.5k sf industrial facility in El Paso. The property sits on 17 acres at 12100 and 12105 Esther Lama Dr, adjacent to Interstate 10. It is just minutes from th...
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• Seefried Industrial Properties and MDH Partners Acquire AZ Site for 60k sf Industrial Project
8/08/24
Seefried Industrial Properties and MDH Partners have teamed up in the purchase of a 5.1-acre site in Gilbert, AZ, with plans to develop Fiesta Tech Center, a 59.7k sf, state-of-the-art industrial facility. Construction is sch...
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• Vestar Awarded Management Contract for 393k sf Vegas Power Center
8/08/24
The Seligman Group has awarded the management services for Silverado Ranch Plaza, a 393.4k sf power center in Las Vegas, to Vestar. Located at 9701 S Eastern Ave, Silverado Ranch Plaza occupies a prime location adjacent to He...
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• Historic Office Building in Salt Lake City Lands $9 Mil Refi Loan
8/06/24
The Boston Building, an 11-story, 100k sf, historic office building ln Salt Lake City, was refinanced with a new loan for $9 mil. The building, located at 9 E. Exchange Pl, is owned by a private real estate investor. Origin...
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• US Foods Leases 2.66-Acre Area at San Antonio Industrial Storage Property
8/06/24
US Foods has leased a 2.66-acre area at Riggy’s Foster Ridge, a newly developed 10-acre industrial outdoor storage (IOS) facility in San Antonio, TX. US Foods will use the facility, located at 6600 Lancer Blvd, for truck park...
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• Brixton Capital Picks Up 114-Unit Colorado Res Community
8/05/24
Brixton Capital has acquired Parkside at Littleton Village, a 114-unit boutique apartment community located at 300 E. Fremont Place in Littleton, CO. Built in 2022, Parkside at Littleton Village offers a mix of large floorpla...
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• CapRock Partners Picks Up Two Industrial Assets in Nevada Totaling 177k sf
8/02/24
CapRock Partners has acquired two industrial assets totaling 177.1k sf in Sparks, NV in an off-market transaction. The two buildings, located at 120 and 250 Greg Street, are freestanding, mid-bay warehouses that were sold by ...
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• Tower 16 Capital Partners and Raith Capital Partners Buy 216-Unit Multifamily Property in Arizona
8/01/24
San Diego-based Tower 16 Capital Partners and Raith Capital Partners have acquired Ascend on Glendale, a 216-unit multifamily property located near the rapidly-growing Westgate Entertainment District of Glendale, AZ. The pric...
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• Stos Partners Closes $35 Mil Ind Buy in Salt Lake City
8/01/24
Stos Partners has acquired a three-building, 279.2k sf industrial complex in Salt Lake City for $34.99 mil ($125/sf) in an off-market transaction. The asset sits on roughly 14.5 acres at 900 W 2900/2950/3100 S. The deal marks...
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• Comunidad Partners Buys 358-Unit Texas Res Community
8/01/24
Comunidad Partners has acquired Toscana Apartment Homes, a 358-unit multifamily community in northwest Austin, TX. The price was not disclosed. Built in 2001, Toscana is located at 13355 US Highway 183. The community offers ...
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