|
• AZ Industrial Facility Sells for $27.5 Mil in Owner/User Buy
7/30/24
In a recent AZ owner/user industrial buy, Setna iO/Setnix purchased a 112.3k sf facility in Tempe for $27.5 mil, or $245/sf. The space, located at 1345 S. 52nd St, represents a significant local expansion for the global organ...
|
• Kimley-Horn Inks Lease for 35k sf of Office Space at New AZ Development
7/29/24
Kimley-Horn, a leading planning and design consultants, inked a long-term lease for 34.8k sf of space at Union Building One in Mesa, AZ. Building One is the first building completed within the 1.35 msf, Class A Union office p...
|
• Phoenix Multifamily Property Trades for Just Under $200k/Unit
7/26/24
KDF Communities paid $12.6 mil for Corona Del Sol, a 64-unit ($197k/unit), garden-style apartment complex in Phoenix. The asset was sold by a private high-net worth seller.
Located at 27 E Corona Ave, Corona Del Sol benefits...
|
• ScanlanKemparBard Buys 436k sf CO Industrial Asset
7/25/24
ScanlanKemparBard acquired a two-building, 436.5k sf R&D/manufacturing property situated within Atlas Industrial Park in Broomfield, CO. The price was not immediately disclosed.
Strategically located in the heart of the Boul...
|
• Work Gets Underway on Initial Phase at Gilbert, AZ Mixed-Use Project
7/23/24
Work has started on phase one of Northside at SanTan Village, a brand new mixed-use development that will bring high-end retail, restaurant and hotel amenities to the SanTan Village submarket in Gilbert, AZ. The project is a ...
|
• 1,000-Unit Res Portfolio Lands $128 Mil Refinancing
7/23/24
San Diego-based Tower 16 Capital Partners has secured a $128 mil refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across California and Arizona. The new fixed-rate agency loans feature five-y...
|
• Rosauers Supermarkets Inks Lease at New 196-Acre Mixed-Use Development Near Bozeman, MT
7/23/24
Rosauers Supermarkets has signed a long-term lease at the new Jackrabbit Crossing live/work/shop development in Belgrade, MT. The 196-acre, master-planned, mixed-use project is located within Montana’s Gallatin Valley, near B...
|
• Sparkz Lights Up Leasing Activity at Sacramento Area Biz Campus
7/19/24
Sparkz Inc, a Livermore-based battery technology company, inked a lease for a 125.7k sf building at Metro Air Park in what we’re told is the largest new lease in the greater Sacramento region in 2024 year-to-date. Located at ...
|
• BlackRock Fund Buys 1.2 msf AZ Industrial Asset
7/19/24
A BlackRock-managed fund has acquired The Cubes at Glendale – Building B, a 1.2 msf, Class A industrial warehouse building located along the 303 Corridor in Glendale, AZ. The state-of-the-art, single-tenant facility was 100% ...
|
• Phoenix Build-to Rent Project Lands $51 Mil in Construction Money
7/18/24
A 190-unit Build-to-Rent (BTR) development in Phoenix’s West Valley is closer to getting done thanks to new construction financing of $51.5 mil obtained by the project’s developer, Zen and 10Y. The non-recourse money was arra...
|
• EQT Exeter Pays $50 Mil for Falcon Park 303 - Phase II in Glendale, AZ
7/18/24
EQT Exeter has acquired Falcon Park 303 - Phase II, a brand new, 326k sf Class A industrial building on over 21 acres in Glendale, AZ, in a $50 mil transaction. It was sold by US Capital Development and an institutional inves...
|
• Macquarie Asset Management Acquires 500k sf Logistics Complex in the Houston Area
7/17/24
Macquarie Asset Management completed the acquisition of 59 Logistics Center, a newly completed 509.6k sf distribution building near George Bush Intercontinental Airport (IAH) in the Houston suburb of Humble, TX. The Class A l...
|
• Single-Tenant First Watch Restaurant Property in Tucson Sells for Nearly $1,000/sf
7/16/24
A Los Angeles-based private investor purchased a newly renovated, single-tenant property occupied by First Watch restaurant in Tucson, near the University of Arizona. The 4.2k sf structure, which features a drive-thru/pick-up...
|
• Broadrange Leases 1.127 msf Logistics Facility in Denver
7/16/24
Broadrange, a Georgia-based, third-party logistics company, has signed a long-term lease for 1.127 msf encompassing the two remaining buildings in 76 Commerce Center, a Class A logistics park in Denver’s I-76 corridor. We’re ...
|
• Scottsdale Medical/Office Project Purchased for $11 Mil
7/15/24
A three-story, 91.1k sf Class A office and medical office project in Scottsdale, AZ traded hands in a recent $11 mil ($120/sf) transaction. The building, 90 Mountain View I, was sold by Regent Properties.
90 Mountain View I ...
|
• Clarion Partners Acquires New Reno Area Industrial Facility in $41.6 Mil Deal
7/15/24
Clarion Partners has picked up a newly constructed, 322.4k sf industrial building in McCarran, NV for $41.66 mil ($129/sf).
The property is located at 500 Denmark Drive, south of I-80 and just east of Hwy 439. Strategically...
|
• Industrial Facility in Henderson Goes for $235/sf
7/12/24
A 52.5k sf, single-tenant distribution facility in the Henderson submarket of Las Vegas traded hands in a recent $12.35 mil ($235/sf) transaction. The buyer of the property, located at 1110 Mary Crest Rd, was TA Realty.
Buil...
|
• Colorado Industrial Facility Lands $5.1 Mil Refi
7/12/24
A 54.3k sf, multi-tenant industrial building in Colorado was refinanced with a new permanent loan for $5.1 mil. The borrower was a private real estate investor.
The facility is located at 8530 Concord Center Drive in Englewo...
|
• Garrett Colburn Named President at SRS Real Estate Partners.
7/12/24
Garrett Colburn has been named President at SRS Real Estate Partners. In his new role, Colburn will be responsible for the company’s continued national growth, including office productivity and culture.
Colburn will partner...
|
• BLT Enterprises Purchases 88k sf Industrial Property Two Miles from the Las Vegas Strip
7/10/24
In a Las Vegas industrial buy, BLT Enterprises has acquired an 88.5k sf warehouse on 8.41 acres near the junction of the I-15 and 592, just two miles from the Las Vegas Strip. As part of the deal, the property was leased back...
|
Return to the Texas/Southwest area
