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• Three-Property, 430-Unit Seniors Housing Portfolio in AZ and CA Lands $240 Mil in Tax-Exempt and Taxable Bond Financing
4/01/25
The Integrated Senior Foundation has obtained $239.7 mil in tax-exempt and taxable bond financing for the Ativo Portfolio, a three-property, 430-unit seniors housing portfolio in Arizona and California.
The portfolio, which...
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• Pre-Leasing Starts at 336-Unit TX Res Project
3/31/25
Leasing has begun at Rylan at Gateway, a new 336-residence apartment community in Forney, TX slated for completion this summer. The project, a development of Legacy Partners and The Resmark Companies, is located at 1205 Gatew...
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• Scottsdale Open-Air Retail Center Reaches 98% Leased
3/31/25
The Promenade, a 575.3k sf open-air retail center in Scottsdale, AZ, is now over 98% leased. Built in 2000, The Promenade is located at 16243 N. Scottsdale Rd, at Frank Lloyd Wright Blvd. Owned by FalconEye Ventures and manag...
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• MCA Realty Pays $215/sf for a Las Vegas Industrial Building
3/28/25
MCA Realty has picked up a 19.5k sf, multi-tenant industrial building in Las Vegas in a $4.2 mil ($215/sf) off-market transaction. The building, located at 4205 West Tompkins Ave, also contains a 28.5k sf fenced yard that has...
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• Colorado Industrial Development to Move Forward with $20 Mil Joint Venture Equity Investment
3/27/25
United Properties has secured a $20.06 mil joint venture equity investment for Phase I of INOVA, a new, Class A 442.5k sf multi-tenant industrial project being constructed in Centennial (Denver), CO. INOVA consists of five p...
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• Historic Arizona Hotel Hits the Market
3/27/25
The Arizona Inn, a historic urban resort located in the heart of Tucson, AZ, has been put on the market. The resort, which opened its doors in December 1930, has been owned and operated by the family of founder Isabella Green...
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• Kensington Development Partners and IM Properties Acquire 30-Acre Parcel for AZ Retail Project
3/26/25
Kensington Development Partners and IM Properties have acquired a prime 30-acre infill land parcel in Gilbert, AZ, for a new upscale development called Signature at SanTan Village. The high-end retail center will sit within t...
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• Mountainside Fitness Spends $4 Mil for AZ Pad Development Site
3/25/25
Mountainside Fitness has acquired a pad property in Queen Creek, AZ for the construction of what will be their second gym in the city. The site traded for $3.99 mil in a fee-simple, all-cash transaction.
The site, situated j...
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• Lion Real Estate Group Buys 241-Unit Multifamily Community in Houston
3/25/25
Dallas-based Lion Real Estate Group LLC has acquired Villages of Briar Forest, a 241-unit apartment community in Houston, TX. The purchase marks the firm’s second acquisition in the Houston market and eighth acquisition in it...
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• Small-Bay and Mid-Sized Industrial Spaces Command 10% Rent Premium in Houston
3/21/25
This report was provided by real estate services firm Avison Young
In Houston's industrial market, smaller spaces of less than 250k sf command a 10% higher average rent than larger spaces, greater than 250k sf, according to...
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• SB Real Estate Partners Closes $42 Mil Multifamily Buy in Las Vegas
3/21/25
SB Real Estate Partners (“SBREP”) has acquired Brownstone Apartments, a 143-unit luxury apartment community located in the Centennial Hills submarket of Las Vegas, for $42 mil ($293.7k/unit) in an off-market transaction. Deli...
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• Fort Street Partners and Cumming Capital Management Partner Acquire Trophy Properties in Utah’s Silicon Slopes
3/20/25
Fort Street Partners has partnered with Cumming Capital Management to complete the acquisition of Lehi Spectrum I and II, two Class A tech office properties in the heart of Lehi, Utah's Silicon Slopes. Built in 2018 and 2020,...
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• Tower Capital Arranges More Than $85 Mil in Financing for BTR and Multifamily Projects Across Texas, Arizona, Colorado & Florida
3/19/25
Tower Capital arranged more than $85 mil in financing for four different projects across four states. The majority of the capital will go to three Build-to-Rent (BTR) communities located in Arizona, Colorado and Texas totalin...
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• Universal Health Services Spends $19 Mil on AZ Medical Facility
3/19/25
Universal Health Services purchased Palo Verde Behavioral Health Center, an 84k sf inpatient behavioral health facility in Tucson, AZ, for $19.1 mil ($227/sf). The property is located at 2695 North Craycroft Rd, north of Gran...
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• Kenco Leases 642k sf Industrial Facility in Buckeye, AZ
3/18/25
Kenco, a third-party logistics company, has leased a recently, constructed 641.9k sf, Class A industrial / logistics building on 40 acres in Buckeye, AZ. The facility is owned by EQT Exeter. Terms of the full-building deal we...
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• Framebridge Leases 38k sf Vegas-Area Industrial Space
3/14/25
Framebridge has inked a lease for 37.9k sf of space at Henderson 515 Logistics Center. Framebridge, a custom framing company, will occupy Suite 100 of the newly completed, state-of-the-art 110.1k sf facility located at 515 N....
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• Phoenix Biz Campus Trades in $35 Mil Deal
3/14/25
Rose Garden Business Park, a 159.3k sf, small-bay industrial park comprising nine buildings on just over 10 acres in Phoenix, was acquired by an affiliate of BKM Capital Partners in a $35.1 mil ($220/sf) transaction. The mult...
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• Rockefeller Group and Falcon Commercial Development to Build 558k sf Logistics Park in Baytown, TX
3/13/25
Rockefeller Group and Falcon Commercial Development have entered into a co-GP joint venture agreement to develop a 557.8k sf logistics park in Baytown, TX, within the Houston MSA. Falcon Development originally purchased the ...
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• Iconic Tucson Truck Terminal Property Offered for Sale at $10 Mil
3/13/25
A piece of Arizona history is now up for sale. The iconic Tucson Truck Terminal (TTT), also known as the “truck stop,” a landmark just outside of Tucson that has served travelers, truckers, and locals for over 70 years, has o...
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• California Trust Pays $392/sf for Phoenix Retail Center
3/12/25
Shops at Kohls, a fully occupied, 11.4k sf multi-tenant retail center in Phoenix’s Ahwatukee community was acquired for $4.47 mil ($392/sf) by a California trust in a 1031 exchange. The property sits on 1.1 acres at 4645 E. C...
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