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• Tucson Single-Tenant Building Sells for $2 Mil
2/17/25
An 8.2k sf single-tenant retail property in Tucson, AZ was purchased for $2.03 mil ($248/sf) by 4-D Properties LLP. The property is located at 3719 North Campbell Ave, near the northwest corner of North Campbell Ave and East ...
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• WPT Capital Advisors Buys 1.1 msf of Warehouse Assets at Texas Industrial Campus
2/13/25
An affiliate of WPT Capital Advisors acquired two Class A, 100% leased warehouse buildings totaling 1.1 msf at Elizabeth Creek Gateway in North Fort Worth, TX. The purchase was financed with a loan for $72.4 mil provided by P...
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• Innovative AI Technology Incorporated into Retail Experience at Utah Shooping Center
2/13/25
Outside the Lines (OTL), a design-build construction company, has launched Aquarius Interactive™, a new patented AI technology that is transforming the way guests interact with commercial property amenities.
“Aquarius Intera...
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• Colorado Office Building Trades in $17 Mil Deal
2/11/25
An entity managed by Alloy Real Estate Capital LLC, out of Lafayette, CO, purchased a 104.7k sf, three-story office building on nearly seven acres in Colorado Springs, CO for $17.25 mil ($165/sf). Known as Tech Center VI and ...
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• Scottsdale Office Building Goes for $161/sf
2/10/25
Scottsdale Executive Square, a 29.8k sf office property in Scottsdale, AZ, was purchased for $4.8 mil ($161/sf) by a SoCal-based private investor. The property is located at 13951 North Scottsdale Rd, adjacent to Scottsdale A...
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• Clear Capital’s Scarlett Jia Tames Wins 2025 NMHC Young Guns Pitch Competition
2/10/25
Scarlett Jia Tames, Vice President of Acquisitions at Clear Capital, won the 2025 NMHC Emerging Leaders Young Guns Pitch Competition at the National Multifamily Housing Council (NMHC) Annual Meeting held at the ARIA Resort & ...
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• Colorado Mixed-Use Development Signs Trio of New Restaurant Tenants
2/07/25
There have been three leases totaling 8.1k sf for three restaurants to report at Ledge Rock Center, a 350-acre mixed-use development in Johnstown, CO. The new tenants, Café Mexicali, Bowl Izakaya and Firehouse Subs will occup...
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• Commercial Real Estate Financing Briefs
2/07/25
AVATAR FINANCIAL GROUP -- Avatar Financial Group LLC has provided a $56 mil loan for Williams Village, an infill redevelopment project in Boulder, CO. The two-year loan allows the borrower to buy out two remaining ground leas...
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• Visit Phoenix Signs Lease at CityScape Mixed-Use Campus
2/06/25
Visit Phoenix inked a lease for 24.7k sf at CityScape, a 1.2 msf mixed-use campus in Phoenix. The new lease maintains the non-profit organization’s downtown presence, where it promotes the Greater Phoenix market as a destinat...
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• CapRock Partners Buys 117k sf Industrial Facility in Reno
2/06/25
CapRock Partners purchased 55 Vista Boulevard, a 117k sf, free-standing industrial building in Sparks, NV. The price was not disclosed.
Built in 1995, 55 Vista Boulevard is a single-tenant warehouse on a five-acre site withi...
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• HSL Properties Completes $50 Mil AZ Hotel Portfolio Buy
2/06/25
HSL Properties acquired an Arizona hotel portfolio comprising a 180-room Sheraton and 129-room Courtyard by Marriott hotels in Mesa for a combined price of $50.25 mil. The portfolio also includes 15k sf of retail spaces, a co...
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• Joint Venture Pays $13.5 Mil for 16-Acre Tempe, AZ Dev Site
2/05/25
A joint venture consisting of Creation RE + PE, CrossHarbor Capital Partners, and Amherst recently closed on the acquisition of a 16-acre office-to-industrial conversion redevelopment site in Tempe, AZ. The trade had a price ...
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• The Mahoney Group Inks Lease for 35k sf of Corp HQ Space in Chandler, AZ
2/04/25
The Mahoney Group recently agreed to an expansion/relocation lease for 35.2k sf of office space in Chandler, AZ. The company, which will use the space as its new corporate HQ, signed the deal at Chandler Freeway Crossing, a 4...
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• Pure Heart Church Spends $4.6 Mil on 41-Acre AZ Development Site
2/03/25
Pure Heart Church purchased a 41.25-acre land parcel in Surprise, AZ for the development of a church campus. The property, located at the southeast corner of North 163rd Ave and West Dynamite Blvd, traded for $4.6 mil.
Mark ...
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• J. Fisher Companies Lands $60 Mil Loan for Salt Lake City Res Development
2/03/25
J. Fisher Companies is set to start work on The Edison, a seven-story, 201-unit multifamily community in Salt Lake City, after securing a $60 mil senior loan for the project. The loan was provided by PCCP.
The development is...
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• KB Home Las Vegas Buys 110-Acre Dev Site in Henderson for $90 Mil
1/30/25
KB Home Las Vegas Inc purchased a 110-acre, prime development site within the Whitney Ranch Planning Area of Henderson, NV, in a $90 mil transaction. The land, located at the northeast corner of Stephanie St and Galleria Dr, ...
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• Nuveen Real Estate Buys 500k sf Reno Industrial Portfolio
1/29/25
Nuveen Real Estate acquired Reno Industrial Portfolio, a five-building, 497.9k sf industrial portfolio in Reno, NV. Located next to the Reno-Tahoe International Airport, the portfolio is currently 100% leased. The price was n...
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• ColRich Multifamily Buys 248-Unit Apartment Property in Fort Collins, CO
1/29/25
ColRich Multifamily has purchased Courtney Park, a 248-unit garden apartment community in Fort Collins, CO, for $64.1 mil ($258.5k/unit). The property was sold by JRK Property Holdings.
Located at 4470 S. Lemay Ave, the prop...
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• Multifamily Brokerage Team of Art Carll, Michael Albanese and Breah Sims has Joined Cushman & Wakefield
1/29/25
The multifamily brokerage team of Art Carll, Michael Albanese and Breah Sims has joined Cushman & Wakefield, out of the firm’s Las Vegas office. Serving investors and developers, the three-member veteran team will specialize ...
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• Denver Metro Office Market Moving Toward Stabilization
1/28/25
Real estate services firm CBRE recently released its Q4 2024 office and industrial figures for the Denver Metro area. Below is a quick summary of the highlights from each of the reports.
Denver Office Figures Q4 2024
The ...
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Return to the Texas/Southwest area
